22
Jan
Justicia Shipena The Supreme Court has ruled that the Namibian Competition Commission (NaCC) acted outside the law when it allowed its secretary to start and run an investigation into alleged price-fixing in the pharmaceutical sector. On Wednesday, the court dismissed NaCC’s appeal against an earlier High Court decision and found that the commission unlawfully delegated its investigative powers when it launched a probe into a long-standing 50% medicine mark-up applied by pharmacies linked to the Pharmaceutical Society of Namibia (PSN). Deputy chief justice Petrus Damaseb said the Competition Act makes it clear that only the commission itself has the authority…
