Competition Tribunal to prosecute four firms for collusion around Eskom tender
The Competition Commission says it found evidence of price fixing and collusive tendering by Waco Africa (through its SGB Cape unit)‚ Tedoc Industries‚ Mtsweni Corrosion Control and Superfecta Trading
Four companies have been referred to the Competition Tribunal for prosecution, for alleged price fixing and tender collusion involving an Eskom tender worth R4.5bn.This follows a complaint lodged by Eskom and a subsequent Competition Commission investigation into collusive tendering for the supply‚ installation and dismantling of scaffolding and thermal insulation for all of the 15 Eskom coal-fired power stations‚ the commission said in a statement on Tuesday.The commission said its investigation "found evidence of price fixing and collusive tendering" on the part of Waco Africa, acting through its SGB Cape division‚ Tedoc Industries‚ Mtsweni Corrosion Control and Superfecta Trading, and three joint ventures that SGB Cape formed with each of the aforementioned companies through bilateral agreements.Outlining the background‚ the commission said the invitation for the Eskom tender was issued in March 2015. Thirty-one suppliers responded to the tender when it closed at the end April 20...
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