The Competition Tribunal has approved a consent agreement between the Competition Commission and two underground mine support bag suppliers that the commission had said contravened the Competition Act. The commission had said in its referral of the matter to the tribunal that the companies, Timrite and Tufbag, in 2009 concluded a product supply agreement in terms of which Tufbag had an exclusive right to manufacture mining bags and Timrite had an exclusive right to distribute and on-sell mining bags manufactured by Tufbag.
