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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 >

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 >