Comment: To curb Covid-19 profiteering, UK's CMA needs government to deliver on powers
By Victoria Ibitoye ( April 2, 2020, 06:00 GMT | Comment) -- Retailers exploiting the coronavirus outbreak by hiking up the prices for items such as hand sanitizer, baby milk and face masks have been told they will soon be brought to reckoning by the UK’s competition regulator. But to really crack down on profiteering the Competition and Markets Authority needs stronger consumer enforcement powers — a leg-up that only the government can give.Retailers are seeing more scrutiny from the UK's competition regulator as it tries to stem Covid-19 price hikes. But to really crack down on profiteering, the watchdog needs stronger consumer enforcement powers — a leg-up that only the government can give....
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