https://www.miningweekly.com

Petroleum suppliers settle information sharing complaint

18th May 2018

By: Marleny Arnoldi

Online News Editor

     

Font size: - +

Petroleum product suppliers have, under a settlement with the Competition Tribunal, agreed to change how they share information.

The Competition Tribunal has confirmed the agreement with the South African Petroleum Industry Association, Chevron, Engen, Shell, Total, BP and Sasol in connection with the sharing of information that allegedly allowed them to track one another’s diesel sales.

A 2013 investigation by the Competition Commission found that the respondents were exchanging information in aggregated and disaggregated format on a monthly basis and they were reviewing the wholesale list selling price of diesel with the Department of Energy, which formed part of their price build-up for diesel.

To watch Creamer Media's latest video reports, click here
 

Edited by Chanel de Bruyn
Creamer Media Online Managing Editor

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

ABB Electrification
ABB Electrification

Electrifying the world in a safe, smart, and sustainable way, ABB Electrification is a global technology leader in electrical distribution and...

VISIT SHOWROOM 
Environmental Impact Management Services
Environmental Impact Management Services

EIMS is an independent specialised environmental consulting firm offering the full spectrum of environmental management services across all sectors...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.047 0.721s - 110pq - 2rq
Subscribe Now