Firm to donate essential goods to charity, contribute to Solidarity Fund
Personal protective clothing and safety equipment company Mine Africa Safety Solutions has agreed to donate essential goods to a charity and contribute to the Solidarity Fund, as part of the terms of a consent agreement concluded between it and the Competition Commission.
The Competition Tribunal has confirmed the consent agreement as an order.
The commission had alleged that Mine Africa Safety had charged excessive prices for filtering facepiece class 1 and class 2 (FFP1 and FFP2) face masks in February and March 2020.
Mine Africa Safety Solutions does not admit that its conduct constitutes excessive pricing. However, it has agreed to resolve the matter with the commission on the terms set out in the consent agreement, the commission explains.
Under the terms of the agreement, it will donate essential goods, valued at R116 672.02 and donate R116 672.02 to the Solidarity Fund.
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