Region: Africa & Middle East

Morocco strikes €166 million settlement with fuel cartel

Nine fuel companies have agreed to pay €166 million and committed not to manipulate prices at petrol stations to close a cartel investigation in Morocco.

24 November 2023

AkzoNobel deal suffers another blow

South Africa’s Competition Tribunal has rejected behavioural, structural and public interest remedies from AkzoNobel as part of a decision confirming the prohibition of its acquisition of Kansai Paint’s African business.

22 November 2023

Second bank breaks rank in South African forex cartel probe

South Africa’s Competition Tribunal has approved a €2.1 million settlement agreement between Standard Chartered Bank and the Competition Commission after the former confessed to rigging foreign exchange rates.

15 November 2023

Israel: Class actions – litigation, policy and latest developments

Featured in Class Actions Hub 2023/2024

06 November 2023

Botswana demands merger remedies despite zero market share increase

A company with no business operations in Botswana has agreed not to enter into exclusive agreements with scrap metal suppliers to secure approval for its acquisition of a defunct steel plant.

01 November 2023

Update: Apple, Booking, Uber Eats to appeal South African market inquiry remedies

Apple and have lodged appeals against remedies imposed by South Africa's competition watchdog following its landmark online platforms market inquiry.

20 October 2023

South African enforcer calls for simultaneous cross-border merger filings

Forcing companies to file cross-border transactions simultaneously will help enforcers to cooperate in merger reviews, a top official at South Africa’s competition watchdog has said.

18 October 2023

Chemical merger block upheld in South Africa

South Africa’s sole liquid cyanide producer and a Czech rival have failed in their bid to overturn the antitrust authority’s merger prohibition.

13 October 2023

BRICS enforcers signal joint enforcement action in digital markets

Enforcers in Brazil, Russia, India, China and South Africa plan to coordinate antitrust investigations in the digital economy, a commissioner at Brazil’s competition authority has said.

13 October 2023

Israel adopts flexible enforcement approach

Supply chain problems linked to Israel’s current security crisis justify a more flexible approach to antitrust enforcement, the head of its competition authority has said.

12 October 2023

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