Fire company, Fireco Gauteng, settlement still to be confirmed
Tribunal has yet to confirm a settlement agreement with fire supply company Fireco Gauteng
The Tribunal has yet to confirm a settlement agreement, heard on 11 July 2017, concerning Fireco Gauteng (Pty) Ltd (now KRS Fire (Pty) Ltd) who specialises in supplying, installing and maintaining fire control and protection systems. The Competition Commission proposes that a R909 376.29 administrative penalty be levied against Fireco Gauteng for collusion.
The Tribunal this week, Wednesday, 19 July, confirmed a settlement agreement in which Afrion Property Services CC (Afrion), also specialising in supplying, installing and maintaining fire control and protection systems in South Africa and the continent, will pay R327 201.85 for collusion with Independent Fire Protection Services. The latter has since ceased operating.
On 13 March 2015, the Commission initiated an investigation against a number of firms, including Fireco Gauteng for fixing prices, dividing markets and tendering collusively in the relevant market.
As a result of the investigation, it was found that during or about the period of at least 2012 till March 2015 Fireco Gauteng together with other respondents in this cartel were found to have entered into agreements to fix prices, divide markets and tender collusively in the relevant market.
The agreements to fix prices, divide markets and tender collusively were through bilateral and multilateral agreements by providing each other with cover prices.
Fireco Gauteng was granted conditional leniency in respect of market allocation. However, the wording of the consent agreement gave the effect that the leniency would be granted rather than being conditional as intended. An addendum to the consent agreement has been received by the Tribunal and is currently being considered.
Communications: Competition Tribunal
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On Behalf Of:
Registrar: Competition Tribunal
Tel: (012) 394 3355
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