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Competition Policy

Busa calls for preservation of ‘yellow card’ regime in Competition Amendment Bill
29th August 2018 By: Simone Liedtke

Business Unity South Africa (Busa) economic and trade policy director Olivier Serrao has called for the preservation of the “yellow card” regime in the Competition Amendment Bill. The current... 


South African watchdog approves Glencore's bid for Chevron assets
23rd August 2018 By: Reuters

South African competition watchdog has given Glencore's bid worth roughly $900-million for Chevron's local and Botswana assets the green light, it said on Thursday. But the Competition Commission... 


Group Five granted immunity from competition authorities for 15 construction projects
6th August 2018 By: Simone Liedtke

The Competition Tribunal has approved a settlement agreement in terms of which construction company Group Five will receive immunity for cooperating with the Competition Commission’s investigation... 


New twist in M&R battle as takeover body disallows further progress on Aveng tie-up
New twist in M&R battle as takeover body disallows further progress on Aveng tie-up
2nd August 2018 By: Terence Creamer

The protracted tussle for control of Murray & Roberts (M&R) took yet another turn this week, after the Takeover Special Committee (TSC) overturned a June decision by the Takeover Regulation Panel... 


Commission granted 15-day extension in proposed OTS, Chevron South Africa merger
2nd August 2018 By: Creamer Media Reporter

The Competition Tribunal has granted the Competition Commission a 15 working day extension to consult interested parties to a proposed merger between Off the Shelf 56 (OTS) and Chevron South Africa... 


Economic Development Minister Ebrahim Patel
Competition Bill includes ‘greater flexibility’ for large firms to collaborate
19th July 2018 By: Terence Creamer

The overarching objective of the Competition Amendment Bill is to foster a “new deal for economic transformation and inclusion”, but Economic Development Minister Ebrahim Patel also notes that the... 


Competition Amendment Bill
Competition Amendment Bill
18th July 2018

Creamer Media's Chanel de Bruyn speaks to Engineering News Editor Terence Creamer about the changes proposed in the Competition Amendment Bill, which has been tabled before Parliament. 


Google hit with record $5bn EU antitrust fine
18th July 2018 By: Reuters

EU regulators hit Google with a record €4.34-billion ($5-billion) antitrust fine on Wednesday for using its Android mobile operating system to squeeze out rivals. The penalty is nearly double the... 


Economic Development Minister Ebrahim Patel
Competition Bill’s national security veto of foreign mergers ‘tightly codified’
17th July 2018 By: Terence Creamer

The national security veto included in the Competition Amendment Bill, which was tabled before Parliament on Tuesday, had been “tightly codified” so as not to deter potential investors, but rather... 


MANUFACTURING NIGHTMARE
The unique local cable manufacturing challenges make cable production in South Africa particularly costly and time-consuming
Designation status a cabling industry boon
13th July 2018 By: Paige Müller

Providing the cable industry with designation status has helped the industry to grow despite a myriad of local manufacturing barriers, says the Association of Electrical Cable Manufacturers of... 


Economic Development Minister Ebrahim Patel
Competition Amendment Bill to be submitted to Parliament
5th July 2018 By: Terence Creamer

Cabinet has approved the submission of the Competition Amendment Bill to Parliament. In a statement released following its July 4 meeting, Cabinet said the amendments provide for an extension of... 


ATON’s mandatory offer undervalues company, M&R reiterates in circular
ATON’s mandatory offer undervalues company, M&R reiterates in circular
2nd July 2018 By: Terence Creamer

The board of engineering and construction group Murray & Roberts (M&R) has again guided shareholders not to accept ATON’s mandatory offer of R17 a share, which it argues undervalues M&R’s strategic... 


Takeover panel clears way for M&R to move on Aveng tie-up amid ongoing ATON opposition
Takeover panel clears way for M&R to move on Aveng tie-up amid ongoing ATON opposition
21st June 2018 By: Terence Creamer

Murray & Roberts (M&R) announced on Thursday that it would proceed to further develop a potential tie-up with Aveng after the Takeover Regulation Panel (TRP) sanctioned the outcome of an earlier... 


ATON welcomes tribunal’s M&R voting-rights ruling, despite restrictions
ATON welcomes tribunal’s M&R voting-rights ruling, despite restrictions
18th June 2018 By: Terence Creamer

Investment company ATON, which is seeking to acquire Murray & Roberts (M&R), has welcomed a Competition Tribunal ruling opening the way for it to vote all its shares at a general meeting at which... 


Trade and Industry Minister Dr Rob Davies
Davies bemoans corruption’s undermining of industrial policy capability
11th June 2018 By: Marleny Arnoldi

Trade and Industry Minister Dr Rob Davies on Monday said corruption undermines industrial policy capabilities.  


ATON bemoans M&R’s Competition Tribunal application
8th June 2018 By: Marleny Arnoldi

German investment company ATON says JSE-listed Murray & Roberts (M&R) has initiated another ‘frustrating action’ against its offer to acquire all shares in M&R, by trying to prevent ATON from... 


African Open Skies plan putting cart before horse – Nigerian airlines
8th June 2018 By: Rebecca Campbell

Nigerian airlines are not enthusiastic about any rapid implementation of the Single African Air Traffic Market (SAATM). This was made clear at the recent 27th Annual African Aviation Summit (Air... 


Tribunal confirms R40m settlement agreement with Cape Gate
7th June 2018 By: Simone Liedtke

The Competition Tribunal has confirmed a R40-million settlement agreement with wire and steel manufacturer Cape Gate, following the company’s admission of price fixing, dividing markets and... 


Taxi industry calls for subsidies at public transport market inquiry, bemoans planning weakness
4th June 2018 By: Marleny Arnoldi

The South African National Taxi Council (Santaco) on Monday voiced its concerns about the state of the taxi industry on the first day of the Competition Commission’s land-based public passenger... 


ATON says Aveng transaction would distract M&R from focusing on growth opportunities in mining
ATON questions logic of M&R’s proposed ‘poison pill’ Aveng deal
31st May 2018 By: Terence Creamer

Investment company ATON, which is preparing a mandatory offer to buy all the shares in Murray & Roberts (M&R) it does not already own, has reiterated it steadfast opposition to M&R’s proposed... 


M&R says meeting set with ATON to discuss ‘highly strategic’ Aveng deal
M&R says meeting set with ATON to discuss ‘highly strategic’ Aveng deal
30th May 2018 By: Terence Creamer

Murray & Roberts (M&R) confirmed on Wednesday that it would be meeting with its largest single shareholder, ATON, to discuss the merits of M&R’s proposed acquisition of Aveng, which it continues to... 


Commission approves NBC, ECM merger without conditions
30th May 2018 By: Simone Liedtke

The Competition Commission has approved the proposed transaction, whereby newly-incorporated company North Block Complex (NBC) intends to acquire Exxaro Coal Mpumalanga (ECM) in respect of its... 


Commission recommends tribunal approve Sea Harvest, Vikings merger
30th May 2018 By: Simone Liedtke

The Competition Commission has recommended to the Competition Tribunal that Sea Harvest Corporation’s proposed acquisition of certain fishing rights and assets used in operating the fishing... 


Commission approves Hudaco’s Boltworld acquisition, with conditions
30th May 2018 By: Simone Liedtke

The Competition Commission has approved, with conditions, the proposed merger whereby industrial supplies company Hudaco intends to acquire industrial equipment supplier Boltworld. The commission... 


As ATON prepares mandatory offer, M&R board says higher price still ‘undervalues’ company
As ATON prepares mandatory offer, M&R board says higher price still ‘undervalues’ company
29th May 2018 By: Terence Creamer

The takeover battle for engineering and construction group Murray & Roberts (M&R) by German investment company ATON intensified this week with ATON announcing its intention to make a new mandatory... 


ATON ‘open to engage’ with M&R board as offers is made mandatory
ATON ‘open to engage’ with M&R board as offers is made mandatory
29th May 2018 By: Terence Creamer

German investment company ATON has increased its offer price to Murray & Roberts (M&R) shareholders to R17 a share from R15 previously and the family-owned group has also confirmed that it will... 


M&R CEO Henry Laas
M&R hopes to convince ATON of commercial merits of Aveng tie-up
18th May 2018 By: Terence Creamer

Murray & Roberts (M&R) CEO Henry Laas says he will make every effort to convince its largest shareholder ATON – the German family-owned business, which owns 39% of the company and which has made a... 


Africa’s air traffic liberalisation journey continues, after 30 difficult years
Africa’s air traffic liberalisation journey continues, after 30 difficult years
18th May 2018 By: Rebecca Campbell

In November 1988, the Ministers responsible for civil aviation in 40 African countries agreed a declaration on a new African air transport policy. This was immediately designated the Yamoussoukro... 


Commission invites participation in public passenger transport market inquiry
14th May 2018 By: Marleny Arnoldi

The Competition Commission will, from June to August, hold public hearings as part of its inquiry into the public passenger transport market and is inviting market participants, the public and... 


Electric cable association to pay penalty for price-fixing
11th May 2018 By: Simone Liedtke

The Competition Tribunal has confirmed a settlement agreement with the Association of Electric Cable Manufacturers South Africa (AECMSA) relating to its involvement in fixing the selling price of... 


Economic Development Minister Ebrahim Patel
R11.6bn in fines and merger conditions secured since 2010, Patel reports
10th May 2018 By: Terence Creamer

Economic Development Minister Ebrahim Patel reports that R11.6-billion has been mobilised as a result of cartel settlements and conditions placed on firms that have pursued mergers and acquisitions... 


NCS Resins faces R29m competition fine
10th May 2018 By: Marleny Arnoldi

Unsaturated polyester resin manufacturer NCS Resins has agreed to pay a R29.7-million fine for alleged price-fixing and market division.  


South African farmers take AB InBev to competition watchdog
7th May 2018 By: Reuters

Farmers in South Africa have filed a complaint with the country's competition watchdog about Anheuser-Busch InBev's decision to change its pricing formula for buying malt barley, a key ingredient... 


Petroleum product suppliers settle information sharing complaint
4th May 2018 By: Marleny Arnoldi

South African petroleum product suppliers have, under a settlement agreement with the Competition Tribunal, agreed to change how they share information.  


Mondi acquires two KwaZulu-Natal plantations
20th April 2018 By: Simone Liedtke

JSE-listed pulp and paper producer Mondi has acquired the Draycott and Greytown timber plantations, in KwaZulu-Natal, from World Hardwood. The Competition Tribunal on Thursday approved the... 


Competition Commission wins international award
19th April 2018 By: Marleny Arnoldi

The Competition Commission has won the Agency of the Year in Asia-Pacific, Middle East and Africa award at the eighth annual Global Competition Review (GCR) Awards held in Washington DC, in the US.  


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