S.Africa fines car firms in price-fixing case


JOHANNESBURG, Dec 22 (Reuters) - South Africa's competition authority on Thursday fined car dealers, importers and manufacturers in a price-fixing case officials said had artificially hiked auto prices in Africa's biggest market. The Competition Tribunal said the fines, ranging from about $1.8 million to $23,000, were imposed following a consent order negotiated by competition officials. Competition authorities in May accused the local units or representatives of Citroen , General Motors ...

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