TRANSPORTATION TENDER
Japanese car carrier faces penalty over alleged collusion
The commission targets K-Line for alleged collusion on a tender for transportation of Toyota SA vehicles between 2002 and 2013
The Competition Commission said on Monday it would refer car carrier company, Kawasaki Kisen Kaisha (K-Line), for prosecution to the Competition Tribunal for alleged collusion on a tender for transportation of Toyota SA vehicles between 2002 and 2013. The commission would be seeking an administrative penalty of up to 10% of the annual turnover of the company, for reaching agreement with three other companies on the number of vehicles and frequency of delivery for shipments from SA to Europe. The decision follows 2015 settlements reached with two competitors — Nippon Yusen Kabushiki Kaisha and Wallenius Wilhelmsen Logistics — which paid administrative fines of R104m and R96m respectively. The third company, Mitsui OSK Lines, was not fined after it approached the commission and offered to co-operate, the Competition Commission said. The four firms were found to have fixed prices, divided markets and tendered collusively in violation of the Competition Act, the latest in a string of ju...
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