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BRIEF-SAs Competition Tribunal Says Chevron SA, Other Oil Firms Settle Information Sharing Complaint For Supply Of Diesel

Publication Date: 
Friday, May 4, 2018

May 4 (Reuters) - SAS Competition Tribunal:
* CHEVRON SA AND OTHER OIL FIRMS SETTLE INFORMATION SHARING
COMPLAINT FOR SUPPLY OF DIESEL
* SETTLEMENT AGREEMENT WITH CHEVRON, ENGEN, SHELL SA, TOTAL
SA, BP
SA LTD, SASOL AND SOUTH AFRICAN PETROLEUM INDUSTRY ASSOCIATION
* CONDITIONS OF AGREEMENT WILL APPLY FOR 5 YEARS
* THERE IS NO ADMISSION OF GUILT, RESPONDENTS MAINTAIN
CONDUCT NOT
UNLAWFUL, COMMISSION ELECTED NOT TO PURSUE MATTER FURTHER
* SETTLEMENT IS FULL AND FINAL SETTLEMENT OF ALL COMPLAINTS
AGAINST RESPONDENTS ARISING FOR COMPLAINT
* IN TERMS OF SETTLEMENT, RESPONDENTS UNDERTAKE TO ONLY
PROVIDE
DATA TO THIRD PARTY WHO WILL COLLECT AND AGGREGATE DATA SUPPLIED
BY RESPONDENTS

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