Eradicating price fixing in mining and construction 

2021-09-10T07:06:09+00:00 September 10th, 2021|News|

With increased concern around collusion and price fixing in the Mining and Construction Industry, it is apt that the surface mining industry association, ASPASA, has set out a comprehensive set of guidelines for its members and their clients to assist them in avoiding the possibility of intentionally or unintentionally fixing the prices of the products that they produce.

Nico Pienaar of ASPASA. Image :ASPASA

Nico Pienaar of ASPASA. Image :ASPAS

Nico Pienaar, director of ASPASA, clarifies, “We need our members and customers to be alert to price fixing and be able to recognise what constitutes uncompetitive behaviour and take action to prevent it. Ignorance is no excuse in the eyes of the law, and it is our aim to arm our members with information that will prevent them from accidently falling foul of the law and alert them to circumstances that may be perceived to be contrary to fair competition.”

The association has made their guidelines accessible to all members to help clarify matters when it comes to the fine line between collusion and prudent pricing. ASPASA has sought to inform their members on the following:

  • What is bid rigging, rotation and suppression?
  • Surface mines, construction managers and suppliers’ obligations
  • Consequences of breaking the law
  • Fines and disqualification of directors
  • Criminal prosecution and imprisonment
  • Reputational impact
  • Ensuring compliance with competition laws and what practices break the rules
  • Whistleblowing
  • Non-collusion agreements and competition legislation compliance
  • Bribery and the implications of being involved in illegal practices
  • identifying the signs of corruption and how to make it clear that this type of behaviour will not be accepted on site
Cookie settings
Cookies are used on this website. These are needed for the operation of the website or help us to improve the website.
Allow all cookies
Save selection
Individual settings
Individual settings
This is an overview of all cookies used on the website. You have the option to make individual cookie settings. Give your consent to individual cookies or entire groups. Essential cookies cannot be disabled.
Save
Cancel
Statistics (1)
Statistics cookies track the user and associated browsing behavior to improve the user experience.
Show cookies