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Price-gouging Dis-Chem made to pay million rand fine

By Thato Mahlangu Pharmaceutical retailer Dis-Chem has been found guilty by the Competition Tribunal for opportunistically hiking prices for some of its products. The tribunal asked Dis-Chem to pay R1.2-million in administrative penalties for having increased prices of face masks which have been classified as essential products during the outbreak of the Covid-19 pandemic. But Read more >

Parliament agrees to work through pvt healthcare report

Back in January 2014, the Competition Commission began a market inquiry into the situation in South Africa’s private healthcare sector, with former chief justice Sandile Ngcobo presiding. The inquiry was scheduled to end in December 2015, but only recently, in September 2019, did the panel release its 280-page final report. The reason for the long Read more >

Hefty fines for greedy companies

By Thato Mahlangu A company found guilty of inflating prices of masks and personal protection gear has agreed to pay millions in fines after the Competition Commission conducted an investigation into its activities, following complaints. The commission said on Wednesday it referred a matter to the Competition Tribunal after finding evidence of price inflation during Read more >

Competition watchdog warns of school uniform collusion

By Thato Mahlangu The Competition Commission is working hard to clamp down on school suppliers who are suspected of dominating in the supply and distribution of school uniform. Some school suppliers may be colluding with school management, including school governing bodies (SGBs), in inflating prices on school uniforms. Our 2018 Analysis of Corruption Trends (ACT) report highlighted Read more >

Private health market poorly run and monopolised

In May 2014 we reported on the start of the Competition Commission’s market inquiry into private healthcare. The healthcare market inquiry (HMI) was set up to probe the general state of competition in this sector to determine what can be done to make accessible, affordable, high quality and advanced private healthcare more widely available in Read more >

Construction collusion still being uncovered

In 2013 news of a major scandal in the construction sector broke, with 15 firms implicated in extensive collusion in Fifa World Cup projects. Corruption Watch was involved in the case, making a submission to the Competition Tribunal which called for those who were affected by the illegal activity to pursue civil claims against the Read more >

Rebuilding trust is the hard part

By Nicola Whittaker The total settlement with 15 companies is in excess of R1.4bn. Aveng, Murray & Roberts, Stefanutti Stocks and WHBO are all individually coughing up in excess of R300m to pay for their sins. Or the sins of their past — and now happily retired — employees, if we are to believe statements Read more >

Collusion is corruption

By David Lewis The past week has been a ­watershed in two related perceptions of corruption in South Africa. The first is that the private sector bears little responsibility for corruption. The second is that no good news regarding corruption ever comes out of the public sector. The notion that the private sector was, at Read more >

Collusion is corruption

By David Lewis The past week has been a ­watershed in two related perceptions of corruption in South Africa. The first is that the private sector bears little responsibility for corruption. The second is that no good news regarding corruption ever comes out of the public sector. The notion that the private sector was, at Read more >