AGRICULTURE NEWS - Entities responsible for protecting South African consumers from unscrupulous practices are sorting through an unprecedented number of public complaints related to alleged excessive pricing of food products by retailers during the national lockdown to contain the coronavirus disease (Covid-19) pandemic.
Competition Commission (CompCom) spokesperson, Sipho Ngwema, told Farmer’s Weekly that the CompCom had so far received over 1 500 complaints about sellers of foodstuffs across the spectrum allegedly unjustifiably inflating prices.
“There has definitely been an escalation since people have been unable to shop around for better prices. Some foodstuff sellers have been abusing their market power in this situation,” he said.
Read the full article here on the Caxton publication, Farmer's Weekly
