SAfrica accuses car firms, dealers of price fixing

Newswire

JOHANNESBURG, May 31 (Reuters) - Car makers are colluding with South African importers and dealers to fix prices and impede competition in Africa's biggest market, the country's Competition Commission said on Tuesday. Responding to "public outcry" over high vehicle prices in the car-mad country, the commission said an investigation showed most main manufacturers had plotted with local distributors to fix prices of new cars and restrict discounts on used cars. The commission said it would ...

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