Goodyear and Continental lose traction in complaint about price-fixing
The Competition Tribunal has rejected applications by Goodyear SA and Continental Tyre SA for portions of a Competition Commission complaint referral to be set aside in a price-fixing complaint. In 2010 the commission referred a complaint to the tribunal against four tyre manufacturers — Goodyear, Continental, Apollo Tyres SA and Bridgestone SA — and also industry body the South African Tyre Manufacturers Conference (SATMC). The referral was sparked by a complaint lodged to the commission in October 2006 by Parsons Transport. The commission’s referral implicated Continental and Goodyear in SA in the fixing of prices of passenger, light truck, bus, off-road, agricultural and earthmoving tyres in the period between 1999 and 2007. It is alleged the two companies, as well as Apollo Tyres and Bridgestone in SA, agreed to fix prices through the SATMC. Since the commission’s referral, various interlocutory applications have taken place. These have resulted in Goodyear, Continental and SATM...
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