{"id":1138,"date":"2024-07-25T09:03:59","date_gmt":"2024-07-25T13:03:59","guid":{"rendered":"https:\/\/www.packagingindustrynews.com\/?p=1138"},"modified":"2024-07-25T09:03:59","modified_gmt":"2024-07-25T13:03:59","slug":"new-era-packaging-faces-r21m-fine-for-alleged-anticompetitive-behaviour","status":"publish","type":"post","link":"https:\/\/www.packagingindustrynews.com\/?p=1138","title":{"rendered":"New Era Packaging faces R21m fine for alleged anticompetitive behaviour\u00a0"},"content":{"rendered":"


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New Era Packaging has agreed to pay the fine without admitting liability. Credit: Serhii Kalenichyi via Shutterstock. <\/figcaption><\/figure>\n<\/p><\/div>\n

New Era Packaging, a packaging company in South Africa, has been fined R21.29m ($1.15m) by the country\u2019s Competition Commission for allegedly engaging in anticompetitive practices.\u00a0\u00a0<\/p>\n

The fine was imposed after the commission concluded its investigations into allegations of cartel conduct involving the company.\u00a0\u00a0<\/p>\n

Two separate complaints had been lodged against New Era Packaging, which led to these probes.\u00a0<\/p>\n

The first investigation, initiated on 16 May 2016, concerned New Era Packaging and Mpact.\u00a0\u00a0<\/p>\n

It focused on alleged price fixing, market division, and collusive tendering in the paper packaging manufacturing and supply market.\u00a0\u00a0<\/p>\n

The second complaint, launched on 19 April 2017, also includes the two companies and centred on similar practices within the recyclable paper material collection and supply market.\u00a0<\/p>\n

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