The Competition and Consumer Protection Commission says it will launch investigations into the sudden increase in the prices of disinfectants in particular Chlorine in the wake of the Cholera outbreak.
Commission Spokesperson Namukolo Kasumpa said the increases in the prices of Chlorine reported to have increased by between 800% and1000% from the observed K3-K5 per bottle to over K25-K30 is not only asource of concern but defeats the efforts of Government in the fight against Cholera.
“The Commission has thus taken keen interest in this matter and haslaunched investigations,” Ms Kasumpa said.
She warned that all traders that will be found to have increased the prices of this “now basic” item without justifiable corresponding increase in the sourcing costs will be taken to task.
“The Commission has repeatedly warned business to desist from engagingthemselves in conduct that is unfair and anti-competitive. The applicable fines if found wanting are up to 10% of an enterprises annual turnover,” Ms Kasumpa said.
“Therefore the Commission will not seat idle and watch consumers beingexploited in the wake of the Cholera outbreak,” she said.