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Warning to firms who don’t lower food prices after drought ends

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Cape Town – The Competition Commission is closely watching businesses in the food sector whose prices may have risen as a result of the drought.

That’s the message from Commissioner of the Competition Commission Tembinkosi Bonakele.

He was speaking to the media during the annual competition law, economics and policy conference in Cape Town on Wednesday, where he outlined the role the commission played to combat cartels and unfair business practice.

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