[South Africa] Competition Commission prosecutes Chile car shipping company for cartel conduct
25-04-2019 11:42:00 | by: Bob Koigi | hits: 4505 | Tags:

A Chilean car shipping company has been referred to the Competition Tribunal for prosecution for collusive tendering, price fixing and market division.

Compania Sud Americana De Vapores S.A (CSAV) is alleged to have breached the Competition Act in respect of tenders issued by Ford Motor Company. CSAV is accused of colluding with Mitsui OSK Lines

Limited (MOL) in the shipment of Ford motor vehicles from South Africa to Europe and Mediterranean inclusive of North Africa.

In 2015, CSAV paid R8.8 million penalty following a consent agreement with the Commission in respect of a similar tender issued by General Motors. CSAV denied involvement in the Ford tender.

To date, four companies have paid a total of more than R310 million in administrative penalties in this matter. Between 20015 and 2018, NYK, WWL and Eukor Car Carriers admitted collusion and settled with the Commission.

In 2017, the Commission referred Hoegh Autoliners Holdings AS to the Tribunal for prosecution on seven charges of cartel conduct on similar shipping tenders issued by several motor manufacturers.

MOL was granted leniency for its involvement in the cartel conduct in exchange for information and full cooperation in the matter.

www.compcom.co.za