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Poultry firms to face penalties

NEWSWATCH: The Competition Commission's recent investigations into the complaints of Elite Breeding Farms and Astral Operations anti-competitive behaviour have been referred to the Competition Tribunal, IOL reports.

The commission's investigations have found the companies in contravention of the Competition Act. The tribunal has been asked to impose a penalty of 10% of both companies annual South African turnover for 2006/2007, as well as the exports from the country.

Astral, however, does not believe it has infringed the provisions of the Act, and is preparing its response to the commission's report.

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[6 Jul 2008 19:27]

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