News24 | Competition Commission settles with Dutch solar panel supplier in minimum price maintenance case

News24 | Competition Commission settles with Dutch solar panel supplier in minimum price maintenance case

Compiled by Nick Wilson

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(Vithun Khamsong/Getty Images)

SA’s top anti-trust body has reached a settlement agreement of just over R14 million with Dutch group Victron Energy over allegations it forced local distributors to make sure its products were not sold below a minimum price.

This follows the Competition Commission referring a complaint against the Netherlands-based inverter and solar panel supplier to the Competition Tribunal in December last year for allegedly forcing its distributors not sell its goods for below a certain price between March 2022 and at least the end of 2022.

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