Masana to pay R13m fine

THE Competition Tribunal yesterday confirmed the settlement agreement between the Competition Commission and Masana Petroleum Solutions, which will see Masana pay a R13million fine for contravening the Competition Act.

THE Competition Tribunal yesterday confirmed the settlement agreement between the Competition Commission and Masana Petroleum Solutions, which will see Masana pay a R13million fine for contravening the Competition Act.

This relates to cartel conduct that involved practices intended to fix the price of bitumen and bituminous products in SA. - I-Net Bridge

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