CMA opens abuse of
dominance investigation into pricing of hand sanitiser
The Competition and Markets
Authority (CMA) has opened an investigation into suspected excessive and unfair
pricing by pharmacies and convenience stores of hand sanitiser products in the
outbreak of the COVID-19 pandemic and in breach of the chapter II prohibition.
The investigation follows
the CMA’s setting up of a taskforce in March 2020 to monitor competition
problems stemming from responses to the public health emergency. It has received complaints that prices for
some products have increased unjustifiably with the largest being a median rise
of just less than 400%.
The investigation is at an
early stage and the CMA has not yet issued a statement of objections. The pattern of conduct at issue has prompted
investigations by other EU competition authorities and more probes are expected
to be in the pipeline. Not all will
result in a formal finding of infringement.
The CMA expects to conduct
its initial fact-finding and review during June and July 2020.
https://www.gov.uk/cma-cases/hand-sanitiser-products-suspected-excessive-and-unfair-pricing
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