Competition case cannot be reinstated once withdrawn: appeal court

  • 📰 SowetanLIVE
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

Law Law Headlines News

Once the Competition Commission withdraws a referral to the Competition Tribunal, proceedings are brought to an end and cannot be reinstated or referred again to the tribunal.

A week before the hearing, a senior investigator at the commission communicated to the two companies' attorneys a desire to engage in settlement negotiations.

The senior investigator then announced that he would withdraw the referral to “allow the settlement negotiations a fair chance”. He filed a notice of withdrawal, believing the commission was entitled to withdraw the case on the basis that it could be reinstated later if the negotiations did not bear fruit.Following the withdrawal, the contemplated settlement negotiations never took place.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 13. in LAW

Law Law Latest News, Law Law Headlines