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Competition Commission

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The Competition Tribunal says Dis-Chem’s massive price increases of surgical masks were “utterly unreasonable and reprehensible.”Image: Picture: FINANCIAL MAIL

Dis-Chem ordered to pay R1.2m fine for ‘reprehensible’ mask price hikes

The Competition Tribunal has fined Dis-Chem Pharmacies R1.2m after finding the company guilty of charging excessive prices for surgical face masks during the Covid-19 pandemic. In its order and reasons, the tribunal found that Dis-Chem…

The Competition Commission and MTN have reached an agreement that will see the mobile network reducing data prices. Image: EPA/KIM LUDBROOK

Data prices will fall as Competition Commission and MTN reach agreement

The commission said on Thursday that a consent agreement concluded between itself and MTN to reduce data prices had been finalised. “This follows the commmission’s data services market inquiry‚ its resulting findings and recommendations…

Commissions flooded with Covid-19 related price hike complaints

By ANDISIWE MAKINANA The Competition Commission continues to be flooded with complaints about price hikes for basic food items and coronavirus-related supplies like face masks and sanitisers. Commissioner Tembinkosi Bonakele told a…

Competition Commission decries ‘fake’ price list

By KGAUGELO MASWENENG The Competition Commission has distanced itself from a fake price list circulating that purports to be price guidelines for hygiene and health care products issued by the commission. It said it has not issued price…

From next month, Vodacom will cut the price of its 1GB monthly data bundle by 34%.Image: REUTERS/SIPHIWE SIBEKO

Vodacom agrees to cut mobile data prices

The agreement is likely to be seen as a victory for consumers, whose social media campaign against expensive data gained traction in 2017 Vodacom has reached an agreement with the country’s competition watchdog to reduce its mobile data…

Foreign banks can be charged again for price-fixing

By KATHARINE CHILD The Competition Appeal Court has given the Competition Commission a reprieve by ruling on Friday that it can again charge foreign banks over price-fixing of the rand. The ruling allows the commission the scope to charge…