The Competition Commission has announced plans to investigate South Africa’s fresh produce food market.
“Essential foods are critical to the socio-economic well-being of a nation, and in particular to its poorest consumers for whom essential foods form a significant portion of household expenditure relative to other wealthier consumers,” the commission said.
The commission cited several studies noting there is broad concern over price levels and volatility of pricing for fresh produce in South Africa. “A fuller understanding of the main drivers of the apparently high prices of fresh produce in South Africa is a critical area that this inquiry may address.”
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