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SA: Statement by Total, South African petroleum and oil company, on the Competition Commission's diesel price fixing probe (25/10/2012)

26th October 2012

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“Total South Africa is very concerned about the Competition Commission’s case based on allegations of price fixing and market division regarding the supply of diesel.

 We have a deep commitment to upholding competition laws  and as a result we take competition law into account in all our daily dealings with our valued customers. Having just received the Competition Commission’s statement of its case,  we will take the opportunity to carefully study the allegations against us and consult our competition law advisors before responding in the appropriate legal forum.

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We are confident that our response will demonstrate that Total South Africa has acted ethically  and that we have not harmed the interests of our valued customers. Total South Africa remains steadfast to the principles of good corporate citizenship, which requires us to comply with all laws and regulations including the competition laws”.

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