BP, Shell Accused of Diesel Price Fixing in S. Africa
From The Telegraph
By Emily Gosden
Subsidiaries of the two oil giants were yesterday named, along with divisions of America’s Chevron, France’s Total, and domestic companies Sasol and Engen, in a referral to South Africa’s Competition Tribunal by the country’s Competition Commission.
Farmers, fishing and mining industries and the transport industry were all likely to have suffered as a result of the alleged “price fixing and market division”, the Commission said.
An investigation begun in 2009 had “revealed collusive conduct through extensive exchanges of commercially sensitive information” by the companies.
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