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Tribunal confirms R4.35m settlement with Godrich Flour Mills

By:  
Contributing Editor Online
 
COMPETITION MATTERS
The Competition Tribunal has confirmed a settlement agreement with Godrich Flour Mills for price fixing in the market for milled white maize products. Godrich has agreed to pay R4.35-million for participating in a cartel that colluded with other maize milling firms to fix the price of milled white maize, as well as the dates on which the pricing would be implemented. 
 
 
 
 
 

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