South African competition watchdog probes ‘unjustified’ food price hikes

South African competition watchdog probes ‘unjustified’ food price hikes

JOHANNESBURG, March 28 (Reuters) – South Africa’s Competition Commission is investigating the price of a range of essential food products at retail and wholesale level after finding that consumers have been subjected to “unjustified” and “opportunistic” increases. Consumer goods producers globally have lifted prices to cope with surging costs for almost all raw materials, energy […]

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South African competition watchdog probes ‘unjustified’ food price hikes

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