Unilever to shell out R16m in SA settlement, but won’t admit guilt
Company also will increase purchases from local suppliers by R340m over four years and set up a supplier development fund
13 July 2023 - 14:43
UPDATED 13 July 2023 - 23:10
Unilever will pay a R16m penalty without admitting guilt after the Competition Commission accused the multinational consumer goods company of anticompetitive behaviour.
The settlement agreement is still to be approved by the Competition Tribunal, which acts like a court on competition matters...
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