Toyota Financial Services, WesBank and FirstRand charged by Competition Commission
The penalty could be a fine of 10% of turnover if the Competition Commission referral succeeds.
Source: sowetanlive.co.za
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CompCom charges FirstRand; Toyota with collusion, recommends hefty fine
Commission finds parties had been plotting to divide markets.
Source: moneyweb.co.za
Competition Commission charges Wesbank and Toyota for collusion
The Competition Commission has referred motor vehicle finance groups FirstRand Bank, Wesbank, and Toyota Financial Services South Africa Limited (TFS) to the…
Source: businesstech.co.za
WesBank, Toyota charged for car loan collusion
An investigation by the Competition Commission has implicated WesBank and Toyota Financial Services South Africa Limited in a vehicle finance collusion scheme.
Source: jacarandafm.com
CompCom has Toyota Financial Services and Wesbank in it...
The Competition Commission has referred FirstRand, its division Wesbank, and Toyota Financial Services SA to the Competition Tribunal for prosecution, alleging they have colluded to divvy up the vehicle finance market between themselves.
Source: dailymaverick.co.za