Sappi Wins Against Competition Commission And Pape
Sappi Wins Against Competition Commission And Papercor In Competition Appeal
Release Date: 30/09/2003 08:24:19 Code(s): SAP
Sappi wins against Competition Commission and Papercor in Competition Appeal
Court case
Sappi Limited(Registration number 1936/008963/06)
(Incorporated in the Republic of South Africa)
Share Code : SAP ISIN : ZAE000006284
("Sappi")
Sappi wins against Competition Commission and Papercor in Competition Appeal
Court case
Sappi confirmed today that it has received notification from the Competition
Appeal Court that its case against the Competition Commission"s attempt to re-
open a matter involving Papercor has succeeded. The Appeal Court also issued an
order for costs against the Competition Commission and Papercor.
The judgement prohibits the Commission from re-opening and investigating the
Papercor case, which had been dismissed by the Competition Tribunal in a
judgement issued on 17 April 2002.
Sappi is satisfied that the issue has now been resolved. Throughout this matter
Sappi maintained that it had not contravened the Competition Act.
end
Note to Editors:
A full copy of the judgement can be found on the Competition Tribunal website
www.comptrib.co.za
Issued by:
Sappi Limited
Johannesburg, 30 September 2003.
For further information:
Andre Oberholzer
Corporate Affairs & Communication Manager
Sappi Limited
Tel +27 (0)11 407 8044
Fax +27 (0)11 403 8236
Cell +27 (0)82 906 0638
Andre.Oberholzer@za.sappi.com
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
