https://newsletter.en.creamermedia.com

Hardware store ordered to refund buyers after excessive mark-up on gloves

24th April 2020

By: Marleny Arnoldi

Deputy Editor Online

     

Font size: - +

The Competition Tribunal has ordered a Gauteng hardware store to refund customers following an overcharge for surgical gloves during the Covid-19 lockdown period.

The store, Main Hardware, must also reduce its mark-up on surgical gloves to 10% during the remainder of the pandemic period and six months thereafter.

In terms of the refund, it will be the amount of money exceeding a net margin of 10% per box of surgical gloves that were sold. Where customers cannot be traced, the refundable amount will be donated to the Solidarity Fund to aid in the fight against the pandemic.

The tribunal on an earlier occasion ordered a Boksburg-based pharmacy to donate hand sanitisers, surgical gloves and face masks to the value of R25 400 to two old age homes as its penalty for having charged excessive prices for face masks.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

Showroom

Weir
Weir

Weir is a global leader in mining technology. We recognise that our planet’s future depends on the transition to renewable energy, and that...

VISIT SHOWROOM 
Hanna Instruments (Pty) Ltd
Hanna Instruments (Pty) Ltd

We supply customers with practical affordable solutions for their testing needs. Our products include benchtop, portable, in-line process control...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine video image
Magazine round up | 29 November 2024
29th 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:4.898 5.009s - 206pq - 2rq
Subscribe Now