LevTrade agrees to pay fine after hiking price of face masks
Written by Lethiwe Mdluli on 21 August, 2020
South African wholesale distributor of medical products, Levtrade International, has agreed to pay a fine of 50-thousand-rand after the Competition Tribunal found it guilty.
The company was found to have charged excessive prices for N95 face masks during February and March this year.
The Competition Commission’s, Siyabulela Makunga, says Levtrade must also contribute ten-thousand-rand to the Solidarity Fund, and donate essential goods to the value of 25-thousand-rand to the Johannesburg Children’s Home:
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