This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

Smeg fined for minimum resale prices in South Africa

( October 26, 2017, 12:18 GMT | Official Statement) -- MLex Summary: Italian household goods maker Smeg faces a 100,000 rand ($7,000) fine from South Africa's Competition Tribunal for setting minimum resale prices for local wholesalers selling its branded gas stoves. The Tribunal found that Smeg discontinued supplying its items to retailer Save Group, for selling its gas stove for a price lower than rival retailers, and for refusing to raise its prices.The full text of the statement is below:...

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login

Related Sections