Competition watchdog sparks outcry over food price hikes criticism

United States News News

Competition watchdog sparks outcry over food price hikes criticism
United States Latest News,United States Headlines
  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Competition Commission under fire from academics such as Johan Kirsten and agricultural expert Wandile Sihlobo for lack of analysis

The Competition Commission has sparked an outcry with its statement on Tuesday that maize meal price hikes in 2021 and 2022 were “opportunistic”.

This suggested retailers were taking advantage of soaring global food prices and inflating profit margins. The commission, which acts as a competition prosecuting authority, investigates collusion and monitors food prices...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BDliveSA /  🏆 12. in ZA

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

WATCH | Competition Commission launches probe into food pricesWATCH | Competition Commission launches probe into food pricesThe Competition Commission’s work to date on food prices pointed to concerning price behaviour by retailers and wholesalers.
Read more »

Food price increases ‘unjustified’, says Competition CommissionFood price increases ‘unjustified’, says Competition Commission: The prices of sunflower oil, white and brown bread and maize meal were “opportunistically” and “unjustifiably” increased from January to December 2022, according to the Competition…
Read more »

Food price increases ‘unjustified’, says Competition CommissionThe prices of sunflower oil, white and brown bread and maize meal were “opportunistically” and “unjustifiably” increased from January to December 2022, according to the Competition Commission.
Read more »

Unjustified price increases for essential food worries Competition Commission | The CitizenUnjustified price increases for essential food worries Competition Commission | The CitizenConsumers are continually confronted by food price increases but at least the Competition Commission is keeping an eye on prices. 💵 Economy
Read more »

Economists upbraid Competition Commission over food price statementWatchdog under fire from academics such as Johan Kirsten and agricultural expert Wandile Sihlobo for lack of analysis
Read more »

Food price increases ‘unjustified’, says Competition CommissionThe prices of sunflower oil, white and brown bread and maize meal were “opportunistically” and “unjustifiably” increased from January to December 2022, according to the Competition Commission.
Read more »



Render Time: 2025-04-05 17:06:50