South Africa's Competition Commission will bring an excessive pricing case against Sasol. The Commission accuses the company of monopoly pricing of polymers. Since polymers are the key input for plastic products, a successful campaign against Sasol will lower manufacturing costs and thus make the market more competitive. In addition, the Commission claims that Sasol engages in import parity pricing for domestic customers. That is, they are being charged what they would pay for imports, and this is alleged as excessive pricing.
Full content: BusinessDay
Related content: Crackdown on Cartels Highlights the Need for Competition Law Compliance in South Africa (Heather Irvine, Norton Rose)
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