During Pretoria lockdown

Competition Commission finds grocer made R23,00 in excess profits on ginger

South Africa’s Competition Commission has uncovered how Fruit Stop’s Wonderboom branch in Pretoria had inflated the price of its raw ginger during the Covid-19 lockdown period in 2020. Both parties now have come to an agreement, following the investigation which found that between April and June 2020, Fruit Stop had overcharged consumers for the ginger and made "excess profits" of R23,110 (€1,340).

As part of the agreement, over three months, Fruit Stop will donate essential goods like vegetables, fruit and groceries, valued at R23 110, to Amadea Safe House, a Pretoria-based community organization. The grocer will place an agreed-to profit limit on raw ginger prices, for the period of South Africa’s Covid-19 national state of disaster. It will also create and monitor a competition compliance program.

Source: news24.com

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