S. Africa Closes Most Of Supermarket Antitrust Probe

Law360, New York (January 27, 2011, 3:48 PM EST) -- After a nearly two-year antitrust probe, South Africa's competition watchdog largely cleared four supermarket chains of wrongdoing Thursday but said it would continue to investigate long-term lease policies in the industry.

The country's Competition Commission did not turn up any evidence that Pick 'n Pay Stores Ltd., Shoprite Holdings Ltd., Woolworths Holdings Ltd. and the Spar Group Ltd. were trading sensitive business information, abusing their buying power or engaged in illegal category management or product placement schemes, the regulator said Thursday.

The commission noted, however, that...
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