Johannesburg - Construction group Aveng [JSE:AEG] says it
not appropriate to comment on pending investigations into the anti-competitive
behaviour in the construction sector by the Competition Commission or other
“Aveng's view is that the investigation must be completed as
soon as possible in order for the industry to move forward. Until the fast
track process is complete‚ it would not be appropriate to comment further.
Similarly‚ it is not appropriate to comment on pending investigations by the
commission or other authorities‚” the company said.
In September 2009 the commission launched a broad
investigation into anti-competitive behaviour within the SA construction
sector. In February 2011 the commission invited companies to engage in a “fast
track settlement” of contraventions of the Competition Act.
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