Foodcorp to fork out R45m

06 January 2009 - 02:00
By unknown

Foodcorp will pay a R45million fine to the Competition Commission after a price-fixing admission, the commission said yesterday. "The Competition Commission has reached a settlement agreement with Foodcorp over the latter's participation in the bread cartel and referred the matter to the Competition Tribunal today for confirmation," the commission said. - Sapa

Foodcorp will pay a R45million fine to the Competition Commission after a price-fixing admission, the commission said yesterday. "The Competition Commission has reached a settlement agreement with Foodcorp over the latter's participation in the bread cartel and referred the matter to the Competition Tribunal today for confirmation," the commission said. - Sapa