Tuesday, November 18, 2008

Price-fixers must be harshly punished,says Cosatu

By Mandisi Tyulu
18 November 2008

Cosatu has demanded that all companies found guilty of fixing the price of food should be harshly punished.

Cosatu spokesperson Patrick Craven says the companies have inflicted immense hardship on thousands of poor consumers who are struggling to feed their families.

The trade union federation also welcomed the dismissal of an application by Clover Industries and Ladismith Cheese for leave to appeal against a price fixing hearing.

Cosatu says it fully agrees with Cape Judge Denis Davis that any form of price fixing should be rooted out.

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