ERJ staff report (DS)
Pretoria - South Africa's Competition Tribunal has upheld a ruling by the SA Competition Commission against Auto and Truck Tyres CC and Maxiprest Tyres (Pty) Ltd over anti-competition activities related to Bridgestone and Firestone-brand tyres in South Africa.
The ruling refers to price-fixing between Maxiprest and ATT, in connection with Bridgestone and Firestone-branded tyres in the period from October 2002 to September 2005.
The ruling upholds a fine of Rand 9.35 million (euro 0.9 million) on Maxiprest, which represents 6.5 percent of Maxiprest's annual turnover, as full and final settlement.
This is an external link and should open in a new window. If the window does not appear, please check your pop-up blocking software. ERJ is not responsible for the content of external sites.
Ruling from Competition Tribunal