COMPETITION
The Competition Tribunal would this week hear the Competition Commission’s allegations of a price-fixing cartel in the galvanised wire and wire products industry, as well as in the nail supply sector. Wire and wire products manufacturers Allens Meshco, Wireforce, Hendok, Independent Galvanising and Associated Wire Industries, trading as Meshrite, stood accused of fixing the prices – directly or indirectly – of light galvanised wire.
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