The Commission opened the inquest after it received complaints from independent bread distibutors in December 2006. The companies under investigation include Tiger Brands, Premier Foods, and Pioneer Foods.
However, both Premier Foods and Tiger Brands have applied for leniency from prosecution in exchange for their assistance in the investigation.
This allowed for the quick settlement agreement for Tiger Brands, the owner of Albany, which includes a penalty of almost R99 million for its involvement. Reports on BuaNews have stated this fine is "5.7% percent of its turnover from baking operations nationally for the financial year ending in 2006" - on affected turnover of 1.73 billion for this period.
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