May 4, 2018 / 9:55 AM / 5 months ago

BRIEF-SA's Competition Tribunal Says Chevron SA, Other Oil Firms Settle Information Sharing Complaint For Supply Of Diesel

May 4 (Reuters) - SA'S Competition Tribunal:

* CHEVRON SA AND OTHER OIL FIRMS SETTLE INFORMATION SHARING COMPLAINT FOR SUPPLY OF DIESEL

* SETTLEMENT AGREEMENT WITH CHEVRON, ENGEN, SHELL SA, TOTAL SA, BP SA LTD, SASOL AND SOUTH AFRICAN PETROLEUM INDUSTRY ASSOCIATION

* CONDITIONS OF AGREEMENT WILL APPLY FOR 5 YEARS

* THERE IS NO ADMISSION OF GUILT, RESPONDENTS MAINTAIN CONDUCT NOT UNLAWFUL, COMMISSION ELECTED NOT TO PURSUE MATTER FURTHER

* SETTLEMENT IS FULL AND FINAL SETTLEMENT OF ALL COMPLAINTS AGAINST RESPONDENTS ARISING FOR COMPLAINT

* IN TERMS OF SETTLEMENT, RESPONDENTS UNDERTAKE TO ONLY PROVIDE DATA TO THIRD PARTY WHO WILL COLLECT AND AGGREGATE DATA SUPPLIED BY RESPONDENTS Source text ID: (bit.ly/2HPGr8o) Further company coverage:

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