Competition Commission refers two autoglass companies to Tribunal
The Competition Commission has referred a complaint against two companies operating in the automotive glass sector to the Competition Tribunal for prosecution.
The commission seeks an order from the tribunal declaring that the two companies have contravened a section of the Competition Act and are liable for the payment of an administrative penalty equal to 10% of their respective turnover.
The two companies, PG Glass and Glasfit, are suppliers of laminated and toughened automotive glass in South Africa and compete in the market for the distribution and fitment of automotive glass.
The companies are alleged to have entered into an agreement and/or engaged in a concerted practice to fix the prices of automotive glass products they supplied to end-user customers and insurance companies in South Africa since 2004.
This conduct constitutes price fixing which contravenes parts of the Competition Act, the commission says.
The commission’s investigation found that the two companies allegedly have a longstanding agreement to increase the price of automotive glass they supply to customers by the same percentage each year.
“Automotive glass forms part of industrial intermediary products, a priority sector for the commission. Dismantling of the alleged cartel will contribute towards fairer pricing of automotive glass for the benefit of consumers as well as insurance companies,” says Competition Commissioner Doris Tshepe.
Engineering News has reached out to the PG Glass and Glasfit for comment.
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