The first of seven firms involved in a firefighting cartel has settled with the competition authorities and paid a R327,201 fine for colluding with competitors. Afrion Property Services, which specialises in supplying, installing and maintaining fire control and protection systems in SA and the continent, has undertaken to refrain from cartel conduct. In addition, the company gave an undertaking to the Competition Tribunal that it would develop, implement and monitor a competition law compliance programme as part of its corporate governance policy. The settlement followed a probe by the Competition Commission in March 2015 after the receipt of information into allegations of cartel conduct. The investigation found that from as early as 1996 to 2015 the seven companies, which operate across the continent, entered into agreements and/or engaged in a concerted practice to fix prices, divide markets and tendered collusively for contracts to supply, install and maintain fire control and ...
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