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BRIEF-South Africa's Competition Commission fines Autoliv near 150 mln rand
October 9, 2017 / 12:47 PM / 2 months ago

BRIEF-South Africa's Competition Commission fines Autoliv near 150 mln rand

Oct 9 (Reuters) - South Africa’s Competition Commission :

* SOUTH AFRICA‘S COMPETITION COMMISSION - AUTOLIV HAS AGREED TO PAY AN ADMINISTRATIVE PENALTY OF ALMOST 150 MILLION RAND FOLLOWING ITS ADMISSION OF HAVING CONTRAVENED THE COMPETITION ACT

* SOUTH AFRICA‘S COMPETITION COMMISSION - AUTOLIV CONCLUDED A SETTLEMENT WITH COMMISSION FOR INVOLVEMENT IN PRICE FIXING, MARKET DIVISION ‍​

* SOUTH AFRICA‘S COMPETITION COMMISSION - AUTOLIV ALSO INVOLVED IN COLLUSIVE TENDERING WITH TRW INC, TAKATA GROUP, TOYODA GOSEI CO LTD AND TOKAI RIKA CO LTD‍​

* SOUTH AFRICA‘S COMPETITION COMMISSION - COMMISSION HAS FILED THE SETTLEMENT AGREEMENT WITH THE TRIBUNAL FOR CONFIRMATION AS AN ORDER‍​‍​ (Bengaluru Newsroom: +91 80 6749 1136)

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