SACP welcomes Competition Commission’s findings on exorbitant COVID-19 PCR tests

South African Communist Party

13 December 2021 The South African Communist Party (SACP) welcomes the findings made by the Competition Commission from its investigation, resulting in the reduction of prices for COVID-19 PCR tests. However, the matter should not end here, and the exorbitant pricing of COVID-19 PCR tests should be seen as the tip of the iceberg. There must be consequences for the profits made from the exorbitant pricing of the COVID-19 PCR tests. In general, to put people before profit, NO health-care related pricing should be left without scrutiny. Besides the COVID-19 PCR tests, among others the price of medicine is exorbitant. Like in the private laboratory sector where oligopolies are dominant, the pharmaceutical industry is dominated by monopolies, with foreign controlled multinational corporations calling the shots. Steps need to be taken to protect the people against unfair pricing in the entire health-care sector. This should form part of the wider effort to advance towards quality health-care for all through implementing the National Health Insurance. Considerations should include strengthening the regulatory framework and its enforcement. Following its investigation, the Competition Commission reached an agreement with two private sector laboratories, Lancet and Ampath, to reduce their pricing of COVID-19 PCR tests to not more than R500. Smaller laboratories will follow suit, said the commission on Sunday 12 December 2021. ISSUED BY THE SOUTH AFRICAN COMMUNIST PARTY | SACP EST. 1921 AS THE COMMUNIST PARTY OF SOUTH AFRICA | CPSA   1921–2021: 100 YEARS OF UNBROKEN STRUGGLE PUT PEOPLE BEFORE PROFIT SOCIALISM IS THE FUTURE—BUILD IT NOW! Dr Alex Mohubetswane Mashilo SACP Central Committee Member: Media & Communications   FOR INTERVIEW ARRANGEMENTS, MEDIA LIAISON & CIRCULATION SERVICES Hlengiwe Nkonyane Communications Officer: Media Liaison, Multimedia & Digital Communications Platforms Co-ordinator Mobile: +27 79 384 6550 OFFICE & OTHER CONTACT DETAILS Office: +2711 339 3621/2 Twitter: SACP1921 Website: www.sacp.org.za Facebook Page: South African Communist Party WELCOME TO THE SACP DONATION PAGE: https://donate.sacp.org.za/. PLEASE MAKE A CLEAN DONATION.

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SACP welcomes Competition Commission’s findings on exorbitant COVID-19 PCR tests