The South-African Competition Authority takes motor vehicle finance institutions to the competition tribunal on allegations of collusion (Firstrand / Wesbank / Toyota Financial Services)

South Africa: Motor vehicle finance institutions referred to the Competition Tribunal for alleged collusion* On 3 February 2022, the South African Competition Commission (“SACC”), released a press statement confirming that the SACC has made a referral to the Competition Tribunal (“Tribunal”) to prosecute FirstRand Bank Limited (“First Rand”), Wesbank, and Toyota Financial Services South

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  • Primerio (Johannesburg)

Quotation

Gina Lodolo, The South-African Competition Authority takes motor vehicle finance institutions to the competition tribunal on allegations of collusion (Firstrand / Wesbank / Toyota Financial Services), 3 February 2022, e-Competitions February 2022, Art. N° 105894

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