Industry News

Global car safety company to be prosecuted for collusion

Submitted by Rolina Vorster on Wed, 03/14/2018 - 10:06

A global manufacturer and supplier of airbags and seatbelts, Takata Corporation (Takata) and its local arm, Takata South Africa (Pty) Ltd (Takata SA), have been referred to the Competition Tribunal for prosecution on four separate cases involving price fixing, market division and collusive tendering.