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The Competition Commission wants to add nine more banks into its case, which dates back to April 2015 - including Nedbank and FirstRand.
The Competition Commission has accused various banks of colluding to fix prices
No case has been made by the Competition Commission against either Nedbank Group Ltd or Nedbank Ltd in its complaint against various banks for allegedly colluding to fix prices and divide markets in respect of the rand–dollar exchange rate, said counsel for Nedbank Group Ltd and Nedbank Ltd.