Retailers cash in on search for COVID-19 home remedies

Wednesday, May 12, 2021

The prices of ginger and garlic have escalated so rapidly in local supermarkets that the Competition and Consumer Authority (CCA) has launched a probe to ensure there are no violations of laws that protect consumers.

Under the State of Public Emergency, food price increases in supermarkets are regulated and only allowed when related to costs and not to inflate margins.

The CCA also has legislation prohibiting cartel and collusive behaviour as well as ‘price gouging’, the latter referring to sellers unfairly hiking the costs of goods in response to high demand.

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Retailers cash in on search for COVID-19 home remedies

The prices of ginger and garlic have escalated so rapidly in local supermarkets that the Competition and Consumer Authority (CCA) has launched a probe to ensure there are no violations of laws that protect consumers.

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