is it legal for south african firms to collude with one another to set prices

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queenkanomahoko queenkanomahoko

03-06-2017
Business

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is it legal for south african firms to collude with one another to set prices

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xayati12 xayati12 · Answer 1 · 2017-06-03T23:50:20+02:00

xayati12 xayati12

03-06-2017

collusion is legal in most countries as it form part of the oligopoly but in south africa it is not legal for companies to collude on prices .As evidence, the competition commission has fined several SA companies for price collusion.

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