The South African unit of bankrupt Japanese airbag maker Takata will be prosecuted by the Competition Tribunal. The Competition Commission said on Wednesday morning that it was referring Takata to the tribunal for four separate cases involving price fixing, market division and collusive tendering. The decision follows an investigation in which the commission found Takata was involved in "price fixing, market division and collusive tendering" for components fitted to BMW X3, Honda Civic and CR-V and Toyota Yaris vehicles sold in SA. Takata continues to be embroiled in a global recall of more than 80-million vehicles fitted with its faulty airbags. The commission said on Wednesday it found that Takata and US competitor Autoliv had colluded in supplying seatbelts for two models of Honda cars. None of the components or vehicles was manufactured in SA but Sipho Ngwema, the commission’s head of communications, said the commission had jurisdiction over competition transgressions that had a...
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