The Competition Appeal Court has set aside the Competition Tribunal decision that Mittal Steel SA (ArcelorMittal South Africa) had contravened the Competition Act by charging an excessive price for its flat steel products to the detriment of consumers.
The matter has been referred back to the Tribunal for:
(a) the hearing of viva voce evidence by the parties in relation to the matters canvassed in the affidavit of Leon William Price in the application dated 20 February 2008; and
(b) the determination, by way of an assessment of the evidence which has already been heard by the Tribunal, whether Mittal contravened section 8(a) of the Competition Act 89 of 1998 in respect of the prices it charged for flat steel products and any consequent relief.
