Four unnamed stores suspected by competition regulator of profiteering during Covid-19 crisis
The competition watchdog is to investigate suspected profiteering by four pharmacies and convenience stores for over-charging shoppers for hand sanitiser during the coronavirus pandemic.
Stocks of hand sanitiser were among the first items the British public cleared off the shelves as the coronavirus pandemic took hold in the UK. The Competition and Markets Authority, which announced the investigations, has previously identified hand sanitiser as the product suffering the biggest price hike.
The coronavirus lockdown has prompted some of the UK’s most prominent companies to announce large-scale job losses. The aviation, automotive and retail sectors have been among the worst hit, as businesses adjust to dramatically reduced revenue projections.
