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Financial Institutions Legal Snapshot

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Lara Granville

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Cartel facilitators liable even if they are not cartel participants

By Lara Granville & Nelisile Thanjekwayo on November 23, 2015

A consultancy firm has been found liable and fined €348 000 under EU competition law for facilitating a cartel, although it was not a member of that cartel, and it did not operate in the heat stabiliser market in which the cartel operated.

AC‑Treuhand, a consultancy based in Zurich, offers a range of services including…

Posted in General

Restraints of trade can pass competition law muster

By Lara Granville on July 28, 2015

The Competition Tribunal in RCS Cards (Pty) Limited v The Consumer Finance Business of the JD Group Limited has affirmed that a restraint of trade clause contained in a sale of business agreement will not necessarily be considered anti-competitive. However, the restraint has to be justifiable in the circumstances and concluded for a reasonable period…

Posted in General

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Norton Rose Fulbright’s financial institutions team provides straightforward legal updates. Our lawyers offer local insights with an international perspective recognised worldwide. This blog focuses on the South African market and is about sharing knowledge with you. Blog posts are not legal advice.

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