S. Africa Competition Watchdog Raids 4 Cable Makers

Law360, New York (May 6, 2010, 3:22 PM EDT) -- South Africa's Competition Commission has launched a search and seizure operation at the offices of four electrical cables manufacturers amid suspicion the group engaged in price-fixing, market allocation and collusive tendering.

The raids come on the heels of a March 16 complaint in which the commission named Aberdare Cables (Pty) Ltd., Alvern Cables (Pty) Ltd., South Ocean Electric Wire Company (Pty) Ltd. and Tulisa Cables (Pty) Ltd. as possible antitrust law violators, the watchdog said Thursday.

Aberdare Cables parent company Altron Group said it was cooperating...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.