ROOIBOS PRO­DUCER CHARGED

Finweek English Edition - - THE WEEK -

Lo­cal rooibos tea pro­ducer Rooibos Ltd. has been charged with abuse of dom­i­nance by the Com­pe­ti­tion Com­mis­sion and faces an ad­min­is­tra­tive penalty equal to 10% of its an­nual turnover, Busi­ness Day re­ported on 20 June. The com­mis­sion said the charge, which fol­lows a com­plaint lodged by com­peti­tor Khoisan Tea in 2015, is based on ev­i­dence that the com­pany used its dom­i­nant po­si­tion in the mar­ket to pre­vent the ex­pan­sion of its ri­vals. Rooibos Ltd. is the largest pro­ces­sor of rooibos tea in South Africa and, ac­cord­ing to the re­port, con­trols about 70% of the mar­ket.

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