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na-government-gazette-dated-2019-12-31-no-7090.pdf
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🔗 Source: gazettes.africa
📊 Size: 219 KB
📄 Pages: 9 pages
⬇️ Downloads: 49

Summary

The Namibian Competition Commission intends to take action under Section 38 of the Competition Act, 2003, against Santam Namibia Ltd, Hollard Insurance Company of Namibia Ltd, Old Mutual Short-Term Insurance Company Ltd, Momentum Short-Term Insurance Ltd, Greg's Motor Spares, Perfect Glass CC, and PG Glass Namibia for allegedly contravening Section 23(1) of the Competition Act by concluding exclusive agreements that afford preferential rights to contracted automotive windscreen retailers. The Commission seeks to declare the respondents' conduct unlawful, order them to cease the conduct, and impose a pecuniary penalty. The respondents have denied the allegations, citing defenses including improper market definition and lack of exclusivity, but the Commission remains unpersuaded.

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The Namibian Competition Commission intends to take action under Section 38 of the Competition Act, 2003, against Santam Namibia Ltd, Hollard Insurance Company...

Technical Information

  • File Format: PDF
  • File Size: 219 KB
  • Pages: 9
  • Language: EN
  • Total Downloads: 49
  • Last Updated: 4 weeks ago

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