Sasol To Pay $7M More Over Fertilizer Cartel

Law360, New York (May 19, 2009, 12:00 AM EDT) -- South Africa-based Sasol Chemical Industries Ltd. said Tuesday it would pay an increased fine of 250.68 million rand ($29.8 million), now that new information has been discovered regarding the extent of its anti-competitive behavior in the fertilizer industry.

The company announced earlier this month it would pay 188.01 rand ($22.7 million) to settle claims it participated in a cartel and committed other violations of South Africa’s competition laws through its Sasol Nitrol division.

Sasol said Tuesday it discovered new information last week during “intensive and repeated”...
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