Commission comes down hard on Covid-19 price gougers

Companies that have been investigated or found guilty of price increases of as much as 1 918% for essential Covid-19-related products have already paid more than R14.05 million in fines.

Of this, R5.5 million has been donated to the Solidarity Fund and more than R508 000 worth of essential goods have been donated, said the Competition Commission this week.

According to Siyabulela Makunga, the commission’s spokesperson, the R14.05 million is for settlements and agreements that have been confirmed by the