https://newsletter.en.creamermedia.com

Commission asks for maximum penalty against hygienic goods maker

22nd July 2020

By: Marleny Arnoldi

Deputy Editor Online

     

Font size: - +

The Competition Commission has referred to the Competition Tribunal, for prosecution, Johannesburg-based wholesale distributor and manufacturer of medical productions, LevTrade International, trading as Burnshield, for alleged excessive pricing.

The commission says its investigation has found that LevTrade International had, prior to the declaration of a national state of disaster, been selling respiratory masks at lower prices.

It states that the price of a box of 20 respiratory masks had increased from R139 on February 14 to R170 on February 26.

The price was further increased by 82% to R310 on March 5.

On March 23, LevTrade pushed up the price for a box of 20 respiratory masks to R670, which was a price increase of 116% from R310, says the commission.

The commission has asked the tribunal to impose a maximum penalty against LevTrade.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

Projects

Showroom

AutoX
AutoX

We are dedicated to business excellence and innovation.

VISIT SHOWROOM 
John Ratcliffe
John Ratcliffe

At John Ratcliffe, we are aftermarket specialists for heavy-duty on and off-road vehicles. We engineer and retrofit advanced safety systems, engine...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 22 November 2024
Magazine round up | 22 November 2024
22nd November 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.091 0.183s - 174pq - 2rq
Subscribe Now