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Ten automatic fire sprinkler installers conclude settlement agreement with competition authorities

Creamer Media Senior Contributing Editor
Ten installers of automatic fire sprinklers, which were implicated in a cartel case currently being heard before the Competition Tribunal, have concluded separate settlement agreements after being afforded an opportunity by the tribunal to settle the matter with the Competition Commission. The agreements have been confirmed as orders by the tribunal, which means the firms will no longer be prosecuted, as the agreements constitute a full and final settlement of all proceedings between the firms and the commission.

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