Tribunal confirms R4.35m settlement with Godrich Flour Mills

The Competition Tribunal has confirmed a settlement agreement with Godrich Flour Mills for price fixing in the market for milled white maize products. Godrich has agreed to pay R4.35-million for participating in a cartel that colluded with other maize milling firms to fix the price of milled white maize, as well as the dates on which the pricing would be implemented.