Collusion investigation: Wesbank and Toyota to pay R30m fine
The agreement resolves a probe into alleged market-division in Toyota vehicle finance and removes restrictions that blocked WesBank from competing at dealerships.
#CompetitionAct
When algorithms collude: how AI may break competition law without intent
Experts warn that AI tools may quietly drive price-fixing and collusion, posing a new threat to competition law.
Medical schemes push ahead with case over Covid test pricing
The Competition Tribunal has dismissed key objections from major pathology laboratories, moving the medical schemes closer to having their damages claim heard in the High Court.
Coalition: government’s ‘piecemeal’ healthcare reforms fall short
The Universal Healthcare Access Coalition says the proposed tariff-setting measures for private healthcare side-step essential reforms.
Negotiating forum is a ‘critical step’ in addressing the cost of healthcare
But the government cannot afford to set up an independent supply-side regulator as recommended by the Health Market Inquiry.
Minister proposes interim framework for collective healthcare tariff-setting
The Board of Health Funders has ‘serious reservations’ about giving the Department of Health the power to manage the block exemption negotiation process.
BHF to appeal decision to deny tariff negotiation exemption for medical schemes
It says the Competition Commission’s ruling hampers access to affordable private healthcare and contradicts recommendations from the Health Market Inquiry.
New competition laws will impact small businesses
The regulations relate to commercial dealings among small businesses and agreements between suppliers, customers, and distributors.
Financial Intelligence Centre must hand over reports on EOH, KPMG, Steinhoff, and Tongaat Hulett
The Equality Court makes an order in an application brought by six natural and juristic persons whose bank accounts were closed by Absa and FNB.
