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Welcome to the Competition Commission

The Competition Commission is a statutory body constituted in terms of the Competition Act, No 89 of 1998 by the Government of South Africa empowered to investigate, control and evaluate restrictive business practices, abuse of dominant positions and mergers in order to achieve equity and efficiency in the South African economy.

 


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Commission concludes settlement with Oceana 

The Competition Commission has concluded a settlement with the Oceana Group Limited and Oceana Brands Limited (collectively Oceana) settling a number of price fixing and market allocation contraventions within the pelagic fish industry. Oceana has agreed to pay a penalty of R34 750 050 which represents 5% of its turnover derived from its pelagic fish operations in South Africa in 2010.
In terms of the settlement, Oceana admits that:

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