• Clamouring for action

    2017 will see battles not just between politicians but also those tired of politicking, says Daniel Silke.

  • Realistic dreaming

    Preparation and sound advice will turn entrepreneurial dreams into reality, says Ian Mann.

  • SA versus Cuba

    Cuba’s successes are worth a good look with the aim of emulating them, says Mandi Smallhorne.

All data is delayed
Loading...
See More

Vehicle glass firms raided over alleged collusion

Mar 23 2016 15:03

Cape Town - The Competition Commission on Wednesday raided the Gauteng offices of Shatterprufe, PG Glass, Glasfit and Digicall for alleged collusion.

"The dawn raid operation forms part of the Commission’s ongoing investigation into allegations of price fixing and division of markets by PG Glass and Glasfit in the provision of automotive glass fitment and repair services," the Commission said in a statement.

PG Glass and Glasfit are automotive glass fitment and repair service providers with Shatterprufe as its supplier of automotive glass while, Digicall processes and administers automotive glass related insurance claims on behalf of PG Glass and Glasfit.

The Commission said it had reasonable grounds to believe that information relevant to this investigation was on the premises of the four firms.

The operation was conducted with due regard to the rights of the firms and all the affected persons, according to the Commission.

During the search documents and electronic data were seized, which will be analysed together with other information gathered to determine whether a contravention of the Competition Act has taken place.

In terms of section 48 of the Competition Act, the Commission is authorised to enter and search premises and seize documents which have a bearing on an investigation.

Follow Fin24 on Twitter, Facebook, Google+ and Pinterest. 24.com encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

competition commission  |  collusion

NEXT ON FIN24X

 
 
 
 

Company Snapshot

We're talking about: SMALL BUSINESS

From fossils to finance – that’s been the career trajectory of Dr Merrill van der Walt, a palaeontologist until recently. She is now a statistician with a difference.
 

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

SA's avoidance of junk status by rating agencies: Moody's and Fitch

Previous results · Suggest a vote

Loading...