Competition Commission’s legal battle over price fixing at the Constitutional Court
By Rachel Mohamed The third day of legal proceedings at the Constitutional Court, where the Competition Commission has brought some of the country's top banks and their international counterparts, around 17 foreign banks, to trial on charges of bank collusion to manipulate the US dollar-rand exchange rate. This appeal seeks to overturn a January Competition Appeal Court (CAC) decision that sided with the majority of the banks accused of price […]
