SAPS hand sanitiser supplier referred to Competition Tribunal for excessive pricing: The Competition Commission has referred a company that charged the SAPS excessive prices for the supply of bulk hand sanitisers to the Competition Tribunal for…
“Red Roses was subsequently appointed and supplied SAPS with 90,000 25-litre containers of hand sanitisers at a price of R4,700 per container, with a gross markup of 236%.
It also found Red Roses’ price did not correspond with the increase in the cost of providing the sanitiser. The commission said two other cases referred to the tribunal were successfully prosecuted and their outcomes determined by the tribunal. “Tsutsumani was fined R3.4m in administrative penalties by the tribunal. The Tsutsumani matter is under review before the Competition Appeal Court.
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