This is in South Africa. I know very little about the laws there. The CIA worldbook says: based on Roman-Dutch law and English common law. So perhaps some of the legal reasoning would apply in other British common law countries. Or maybe not.
But it’s an interesting result none-the-less.
Mail & Guardian Online
South African steel giant Mittal Steel has contravened the Competition Act by charging excessive prices, the Competition Tribunal ruled on Tuesday.
It found that the company contravened section 8(a) of the Act by charging an excessive price for its flat steel products to the detriment of consumers.