Competition Commission of Pakistan (CCP) conducted a hearing in the poultry cartelization case, wherein the Pakistan Poultry Association (PPA) presented its defence against allegations of price fixing. This hearing was fixed after show cause notices were issued to PPA and eight other entities for cartelization, said a press release issued here on Tuesday.
The CCP’s investigation revealed facie collusion and price fixing of day-old broiler chicks by a suspected cartel of eight hatcheries from 2019 to June 2021. These entities include Hitech Group, Islamabad Group of Companies, Olympia Group, Jadeed Group, Supreme Farms (Season’s Foods), Big Bird Group, and Sabirs’ Group. The enquiry was initiated following a surge in prices and complaints from broiler farmers through the Pakistan Citizens Portal, alleging cartelization in the sector. Subsequently, search and inspections were conducted at the premises of PPA and forensic analysis of the evidence uncovered that an official of one of the member firms played a central role in the cartel by coordinating mutually agreed prices of day-old broiler chicks.
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