Competition Commission to probe ‘exorbitant’ garlic, ginger prices amid Covid-19 claims

Competition Commission to probe ‘exorbitant’ garlic, ginger prices amid Covid-19 claims

The Competition Commission will investigate what it believes to be excessive prices of ginger and garlic.

Ginger prices up
Source: Pixabay

Lemon, ginger and garlic prices have risen by more than 300% in recent weeks, amid reports that it helps combat Covid-19-related symptoms.

 

The commission's spokesperson Siyabulela Makhunga says the high demand does not justify exorbitant prices.


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"It is our view that retail margins for the prices of garlic and ginger have increased astronomically.

 

"We don't think the increased demand justifies the increased prices for up to R400/kg.”

 

Makhunga says with sufficient evidence the commission should be able to prosecute retailers which are in contravention of the Competition Act.

 

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