By Sasha Forbes
18 June 2009
The Competition Commission said a bread price-fixing scandal three years ago affected the poorest of the poor.
The tribunal is hearing a price-fixing complaint against Pioneer Foods after an association of top bread manufacturers allegedly conspired to raise the price of bread by between 30 and 35 cents a loaf.
According to reports the commission’s Tembinkosi Bonakele said that bread is considered a staple food and it is consumed largely by the poorest of the poor The over whelming majority of bread in this country is sold in the townships.
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