Share

Astral applies for immunity in cartel case

Johannesburg - Astral Foods [JSE:ARL] said on Friday that the Competition Commission had acknowledged receipt of its application for immunity following allegations that one of its business units was involved in anti-competitive behaviour.

The poultry producer said the application stemmed from the commission's summons issued in 2009 and arose in the context of investigations initiated by the commission into poultry feed, poultry breeding stock, broiler production and poultry products addressed to the Southern African Poultry Association, all past and present members and other players in the poultry products industry.

Astral chief executive Chris Schutte said: "We have instructed our attorneys to conduct a comprehensive investigation into the alleged anti-competitive conduct which occurred between 2003 and 2007. Once the results of the investigation are available, we will respond appropriately to the allegations."

The company added that it had also been notified by the commission of a complaint investigation pertaining to dairy feed.
We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Rand - Dollar
19.04
-0.7%
Rand - Pound
23.98
-0.4%
Rand - Euro
20.53
-0.3%
Rand - Aus dollar
12.36
-0.1%
Rand - Yen
0.13
-0.7%
Platinum
894.10
-0.3%
Palladium
996.00
-0.6%
Gold
2,194.02
-0.0%
Silver
24.42
-0.9%
Brent Crude
86.09
-0.2%
Top 40
67,905
+0.3%
All Share
74,106
+0.3%
Resource 10
56,200
+1.0%
Industrial 25
103,604
+0.3%
Financial 15
16,488
-0.2%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders