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Competitions Commission raids container operators for alleged price fixing

According to an article published in the Wall Street Journal (WSJ: 29 September 2016) South Africa’s Competition Commission SACC) has carried out search and seizure operations at the local offices of five of the world’s biggest shipping lines, while investigating price-fixing claims. The regulator has raided the Western Cape and KwaZulu-Natal offices of the five companies under investigation.

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Squid exporters receive competition law exemption

The Competition Commission recently granted an association of squid export firms exemption to share information on the export of Loligo Reynaudi, locally known as Chokka squid. The exemption is positive news for squid exporters and the local fishing industry, which has fallen on hard times.

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