A medical equipment supplier accused of charging excessive prices for examination gloves has supplied a government department with 49,400 surgical face masks to the same value as the estimated “excessive profits” it generated.
This arrangement forms part of the terms of a consent agreement between the Competition Commission of South Africa and Supra Healthcare Cape Town.
Supra Healthcare is accused of having charged the Western Cape department of health excessive prices for gloves between May and June 2020 during the COVID-19 pandemic.
In June 2020, the Commission received information about alleged inflated prices being charged by Supra Healthcare for medical examination gloves.
The department alleged the prices charged were higher than the regulatory pricing guideline provided by the National Treasury.
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Google Faces DOJ Antitrust Trial, Publishers Watch Closely for Impact on Ad Market
Sep 9, 2024 by
CPI
India Moves to Challenge Big Tech Power in Digital Markets
Sep 9, 2024 by
CPI
US Tightens Grip on AI: New Reporting Rules for Developers and Cloud Providers
Sep 9, 2024 by
CPI
EU Court to Decide Apple’s €13bn Tax Battle
Sep 9, 2024 by
CPI
Google Lawyer Kevin Yingling Joins Freshfields Amid Antitrust Fight
Sep 9, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Canada & Mexico
Sep 3, 2024 by
CPI
Competitive Convergence: Mexico’s 30-Year Quest for Antitrust Parity with its Northern Neighbor
Sep 3, 2024 by
CPI
Competition and Digital Markets in North America: A Comparative Study of Antitrust Investigations in Mexico and the United States
Sep 3, 2024 by
CPI
Recent Antitrust Development in Mexico: COFECE’s Preliminary Report on Amazon and Mercado Libre
Sep 3, 2024 by
CPI
The Cost of Making COFECE Disappear
Sep 3, 2024 by
CPI