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Seth Rotherham
  • SPICY: Oscar Pistorius’ Family Part Of Price-Fixing Cartel

    19 Jan 2015 by Jasmine Stone in Crime, oscar pistorius, South Africa
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    News of Oscar has been very limited since he trotted off to prison last year. It feels odd. He was a part of our headlines for so long. Thank goodness then that we can rely on the rest of his family to give us a monthly (or so) dose of news.

    Hendrik Pistorius & Co., which is involved in fertiliser products for the agricultural industry, has been hit with a price-fixing claim.

    They [The Competition Commission] want an administrative penalty of 10% of the company’s turnover over the period of the alleged price-fixing, related to fertiliser products, to be paid.

    A “disgruntled customer and previous business partner” has come forward with these claims, saying the price-fixing dates as far back as 1995. The Competition Commission has gone and filed an application to have Hendrik Pistorius & Co. fined.

    Of course Hendrik Pistorius & Co. has absolutely denied any price-fixing.

    Check out The Mail & Guardian

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