Cape Gate challenges Competition Commission's scrap metal price-fixing investigation

CAPE Gate, one of four scrap metal traders raided by the Competition Commission on Friday in a search-and-seizure operation, has said it will challenge the warrant and initiate urgent proceedings to set it aside, as the order was granted in its absence.

- BANELE GININDZA

In response to the Commission conducting search-and-seizure operations at the premises of four scrap metal purchasing companies operating in Germiston, Nigel, Vanderbijlpark and Hammanskraal, Cape Gate said there was a clear obligation on the Commission to fully disclose all relevant facts to the court, and that it believes the Commission failed to make full disclosure as required.