Unilever Faces Edible Oil Collusion Fine in South Africa

South Africa’s Competition Commission, which investigates antitrust issues, said it has recommended that Unilever pay a fine of as much as 10 percent of its local turnover for allegedly colluding with Sime Darby Hudson Knight Ltd. over the pricing of margarine and edible oils.

Sime Darby settled its complaint in 2016 and the commission is now asking the Competition Tribunal to prosecute Unilever, it said in an emailed statement March 1.

The commission said the companies signed a non-compete clause whereby between at least 2004 and 2013 Sime Darby agreed not to supply customers with small margarine and edible oil ...