Fresh produce markets ‘can’t conspire’

Some of the country’s biggest market agents are accused of cartel activities, despite South Africa having mechanisms in place to prevent the practice. RSA Groups, one of the largest agencies, said it believes allegations of the Competitions Commission – that nine agencies are colluding to determine prices to push out…

Continue ReadingFresh produce markets ‘can’t conspire’

SA market agents under investigation for cartel activities

Nine of South Africa’s largest market agents, altogether responsible for 80% of trade on the Johannesburg and Pretoria fresh produce markets, are under investigation from the Competition Commission for alleged cartel activities. The commission raided the agencies on 23 and 24 March in Gauteng, Durban and Cape Town. The agents…

Continue ReadingSA market agents under investigation for cartel activities

End of content

No more pages to load