https://newsletter.en.creamermedia.com
Products
Products
products

Tribunal approves more excessive pricing consent agreements

7th May 2020

By: Tasneem Bulbulia

Deputy Editor Online

     

Font size: - +

The Competition Tribunal has approved two more consent agreements with a company accused by the Competition Commission of charging excessive prices for essential products.

The Van Heerden Pharmacy Group has agreed to pay a R30 000 settlement and to make a further donation to the national Solidarity Fund.

The R30 000 settlement is applicable to the Nelspruit branch and the Solidarity Fund donation to the Pretoria branch.

This was agreed to in two separate consent agreements with the commission.

The pharmacy has also agreed to reduce its gross profit margins for these essential products for the duration of the state of national disaster.  

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

Latest Multimedia

Photo of Martin Creamer
On-The-Air (10/10/2025)
Updated 7 hours ago By: Martin Creamer

Showroom

SABAT
SABAT

From batteries for boats and jet skis, to batteries for cars and quad bikes, SABAT Batteries has positioned itself as the lifestyle battery of...

VISIT SHOWROOM 
Amsted Reelin image
Amsted Reelin

REELIN is Currently the largest supplier of Bearings to Transnet. We have contracts to supply bearings, draft gears slackadjusters and other...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 10 October 2025
Magazine round up | 10 October 2025
10th October 2025

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







301

sq:0.069 0.155s - 169pq - 2rq
Subscribe Now