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Tribunal says Dis-Chem it enjoyed and exerted market power by materially increasing its prices

JSE-listed pharmaceutical group Dis-Chem intends appealing against the Competition Tribunal's R1.2m fine for price gouging in the sale of surgical masks.

Dis-Chem CEO Ivan Saltzman said this week the group would take the matter on appeal to the Competition Appeal Court as “the decision seems to contain a number of errors of fact and law”.

Article Source: https://www.businesslive.co.za/bt/business-and-economy/2020-07-12-pharmacy-to-fight-gouging-fine/

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