Cartels as "fraud"?: insights from collusion in southern and East Africa in the fertiliser and cement industries
Anti-competitive conduct involves firms misrepresenting their behaviour and manipulating markets. In sector case studies of cement and fertiliser, the authors find that collusion in southern and East Africa operated through industry associations exchanging information, secret agreements and lobbying...
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| Format: | Print Article |
| Language: | English |
| Published: |
2024
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| In: |
Capitalism and economic crime in Africa
Year: 2024, Pages: 37-54 |
| Check availability: | HBZ Gateway |
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| 245 | 1 | 0 | |a Cartels as "fraud"? |b insights from collusion in southern and East Africa in the fertiliser and cement industries |c Thando Vilakazi and Simon Roberts |
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| 520 | |a Anti-competitive conduct involves firms misrepresenting their behaviour and manipulating markets. In sector case studies of cement and fertiliser, the authors find that collusion in southern and East Africa operated through industry associations exchanging information, secret agreements and lobbying government to distort notionally developmental policies for private benefit. This has occurred in the context of liberalisation and deregulation. Transnational corporations have leveraged control of infrastructure and inputs, and favourable regulations to sustain market power, while presenting themselves as ‘development partners’. Competition law is portrayed as the ‘governance fix’ for these issues but this ignores political economy issues which underpin many collusive arrangements. | ||
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