Competition Commission v Bosun Brick Midrand (Pty) Ltd (30/CR/Mar12) [2012] ZACT 96 (21 November 2012)
The Tribunal confirmed the settlement agreement between the Competition Commission and Bosun Brick Midrand (Pty) Ltd as an order. Bosun Brick admitted to participating in a cartel arrangement with other competitors to fix the selling price of generic paving blocks, in contravention of section 4(1)(b)(i) of the Competition Act. The settlement agreement included an administrative penalty of R1,320,700.36, undertakings regarding future compliance, and cooperation with the Commission in prosecuting remaining respondents. The Tribunal found that the agreement was lawful, addressed the contravention, and was in the public interest. The confirmation of the agreement concluded all proceedings...
- Citation
- [2012] ZACT 96
- Parties
- Applicant: Competition Commission; Respondent: Bosun Brick Midrand (Pty) Ltd
- Court
- Competition Tribunal
- Jurisdiction
- South Africa
- Judgment Date
- 21 November 2012
- Case Number
- 30/CR/Mar12
- Procedural Posture
- Settlement Confirmation / Order Confirming Settlement Agreement
- Outcome
- Settlement agreement confirmed as an order of the Tribunal; administrative penalty imposed.
- Judges
- Y Carrim, M Mokuena, T Madima
- Legal Topics
- Price Fixing, Administrative Penalty, Corporate Leniency Policy, Settlement Agreement
Case Brief
Summary, issues, holding and outcome
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Parties
Competition Commission
Applicant
Bosun Brick Midrand (Pty) Ltd
Respondent
Procedural Posture
Settlement Confirmation / Order Confirming Settlement Agreement
Legal Issues
- 1 Whether Bosun Brick Midrand (Pty) Ltd contravened section 4(1)(b)(i) of the Competition Act by participating in price fixing of generic paving blocks.
- 2 Whether the settlement agreement between the Competition Commission and Bosun Brick Midrand (Pty) Ltd should be confirmed as an order of the Tribunal.
- 3 What administrative penalty is appropriate for the admitted contravention.
Ratio Decidendi
The Tribunal confirmed the settlement agreement between the Competition Commission and Bosun Brick Midrand (Pty) Ltd as an order. Bosun Brick admitted to participating in a cartel arrangement with other competitors to fix the selling price of generic paving blocks, in contravention of section 4(1)(b)(i) of the Competition Act. The settlement agreement included an administrative penalty of R1,320,700.36, undertakings regarding future compliance, and cooperation with the Commission in prosecuting remaining respondents. The Tribunal found that the agreement was lawful, addressed the contravention, and was in the public interest. The confirmation of the agreement concluded all proceedings...
Court Disposition
Settlement agreement confirmed as an order of the Tribunal; administrative penalty imposed.
Orders
- The settlement agreement between the Competition Commission and Bosun Brick Midrand (Pty) Ltd is confirmed as an order of the Tribunal.
- Bosun Brick Midrand (Pty) Ltd is to pay an administrative penalty of R1,320,700.36 within six months of the order.
Full Case Text
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