7 traders under investigation for alleged cases of price gouging

7 traders under investigation for alleged cases of price gouging

By Shanil Singh
Thursday 29/04/2021
Fijian Competition and Consumer Commission. [Image: File Photo]

The Fijian Competition and Consumer Commission is currently investigating seven traders for alleged price gouging.

If found guilty, a body corporate faces a maximum penalty of $250,000 while for a natural person it is $50,000.

The FCCC had previously charged five traders with price gouging and the matter is currently in court.

CEO Joel Abraham says these investigations are mainly in relation to the price of masks and hand sanitizers where prices have almost doubled overnight.

Abraham says they are now tracing back the supply chain to find out where the hike took place and are not just looking at the end price.

Abraham says he wants businesses to understand that they will not get away with this.

He adds they usually take time to do their investigations but this is just to be thorough and to make sure that they do not compromise someone's constitutional right.

The CEO has also stressed that traders cannot just inflate prices even if the item is not under price control.

FEATURE NEWS
Domestic violence is a human rights violation and offence that is unacceptable - Tabuya
As a young woman lost her life in a tragic incident, the Minister for Women and Children, Lynda Tabuya says domestic violence is a human rights violat...
2 hours ago
LATEST NEWS
40 new staff to be added to Immigration Department to improve service delivery - Tikoduadua
To improve the service delivery at the Immigration Office, the Minister for Immigration, Pio Tikoduadua says they are trying to add 40 more new staff ...
2 hours ago

BSP assists Lomary Secondary School development
Running through the rain to reach the washrooms will be a thing of the past for the students of Lomary Secondary School after the BSP Financial Group ...
15 hours ago

Kelly Slater is wildcard entrant for Tahiti Pro and Fiji Pro
Legendary surfer and 11-time World Champion Kelly Slater, will compete in the 2024 SHISEIDO Tahiti Pro and Corona Fiji Pro as the World Surf League ...
15 hours ago

Nurses call on the Govt to declare a nursing crisis, nurses getting sick and even dying due to lack of rest - FNA
With the mass exodus of nurses, the shortage of nurses, nurses getting sick and even dying due to lack of rest which is being blamed on the 12 hour ...
16 hours ago

Water supply being progressively restored to residents living along Khalsa Rd junction to Colo-i-Suva - WAF
Restoration works are currently ongoing and water supply is being progressively restored to affected residents living along the Khalsa Rd junction to ...
16 hours ago



fijivillage Straight Talk with Vijay Narayan
Latest Videos

Stay tuned for the latest news on our radio stations

CFL radio frequencies
yb
IN DEPTH
Radrodro reinstated as Education Minister
Prime Minister Sitiveni Rabuka has reappointed the new SODELPA Leader, Aseri Radrodro to his previous post as Minister for ...
1 day ago

Bainimarama and Qiliho's Acquittal Appeal
Coverage on the appeal filed by Acting Director of Public Prosecutions, John Rabuku against the acquittal of the former Prime Minister Voreqe ...
23 days ago

National Program Manager for Fiji 7s, Gareth Baber appears on fijivillage Straight Talk With Vijay Narayan
Gareth Baber appeared on fijivillage Straight Talk With Vijay Narayan to share his plans heading into the preparations for the upcoming tournaments ...
24 days ago

TOP