ISLAMABAD – The Competition Commission of Pakistan (CCP) has issued show-cause notices to 10 sugar mills in Punjab for allegedly colluding on the start of the sugarcane crushing season and fixing procurement prices at Rs400 per 40kg. The CCP said the action follows findings of coordinated decision-making that violates competition laws. Read More: Sugar cartel case […]
price fixing
CCP issues notices to 10 Punjab sugar mills over price fixing
The Competition Commission of Pakistan (CCP) has issued show-cause notices to 10 sugar mills in Punjab for forming a cartel to delay sugarcane crushing and to fix the price of sugarcane purchase from farmers at Rs400 per maund. The commission observed that the sugar mills held a meeting at Fatima Sugar Mills on November 10 […]
CCP inquiry reveals cartelization, price fixing in milk sector
ISLAMABAD: The Competition Commission of Pakistan (CCP) on Tuesday concluded an inquiry in the dairy sector which has found the prima facie involvement of three leading dairy associations in cartelization and price-fixing of milk in Karachi – the country’s largest metropolitan. The commission initiated the inquiry after taking notice of the media reports and concerns […]