The Airports Company of South Africa (ACSA) has to pay an administrative penalty of almost R2 million for fixing prices on parking for vehicle rental companies at OR Tambo airport outside Johannesburg and the Gautrain stations with the Bombela Concession Company that operates the Gautrain.
The Competition Tribunal on Friday announced the confirmation of a consent order in terms of which ACSA admits to the conduct.
The Competition Commission initiated a complaint in July 2012 and found in its investigation that Bombela requested ACSA to provide it with the rates it charges car rental companies for parking at OR Tambo airport “in order for Bombela not to under-cut the rates that Acsa charges”, according to the consent order.
Acsa sent its rates and during or about 2010 and 2011 the two parties fixed the rates. Instead of competing with each other, they colluded to the detriment of its clients.
Bombela early on admitted to the conduct and was granted conditional leniency by the commission.
Apart from paying the penalty within 30 days, Acsa also has to circulate the order internally, refrain from similar conduct in future, implement and monitor a competition law compliance program and submit a copy of the program to the commission within 60 days.