Commission appoints head of Cartel Unit

Thursday, May 5, 2011

Pretoria - The Competition Commission has appointed Advocate Oliver Josie as its head of the newly established Cartels Division.

The division will investigate contraventions of the Competition Act relating to restrictive horizontal practices. This includes price fixing, market allocation and collusive tendering.

Josie has extensive experience in crime risk governance, enforcement and legal practice.

Prior to joining the Commission, he was employed as Director of Group Forensic Services at Standard Bank Group. He investigated organised and commercial crimes as a Director with the former Scorpions.

He holds an LLM and Masters of Business Leadership (MBL) degree and has spent 12 years of his early career with the South African Police Service.

"We have experienced a substantial increase in the number of cartel cases under investigation. Investigation of cartels is at the core of competition regulation because it deals with the most serious form of anticompetitive behaviour in the economy and we have confidence that Advocate Josie will help us in dealing with this," said Commissioner Shan Ramburuth.

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