CAPE Gate chief operating officer Barend Nicolaas Coetzee will take the stand at the Competition Tribunal on Friday in the Allens Meshco wire case.One issue expected to be raised by Cape Gate is the dispute over the length of time the alleged collusive tendering, price-fixing and market division took place. This could affect the penalties imposed on the companies concerned.In January 2007, the commission referred a cartel case to the tribunal against Allens Meshco, Wireforce Steel Bar Hendok, Independent Galvanising, Galvwire and Meshrite, alleging that the respondents directly or indirectly fixed a purchase or selling price in respect of lightly galvanised wire, nails, wire and various wire products.In July 2008, Consolidated Wire Industries (CWI), a subsidiary of Scaw, admitted that its employees had participated in price-fixing meetings with their competitors Cape Gate, Allens Meshco and Hendok. They agreed on a national price list for wire and wire products, on adjustments to th...
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