Alert Sign Dear reader, online ads enable us to deliver the journalism you value. Please support us by taking a moment to turn off Adblock on Dawn.com.

Alert Sign Dear reader, please upgrade to the latest version of IE to have a better reading experience

.

CCP begins inquiry into poultry collusion

January 12, 2018

Email


ISLAMABAD: The Competition Commission of Pakistan (CCP) has initiated a probe into a possible collusion among various market players to set prices in the poultry sector.

The inquiry came amid reports of communication taking place among sector players in order to set prices.

A team of authorised CCP officers recently inspected a premise occupied by a poultry association in Lahore and impounded material evidence.

The committee tasked with the investigation will examine all the proofs and report its findings.

The poultry sector has been inspected and penalised by CCP on previous occasions as well

In 2010 CCP fined Pakistan Poultry Association with Rs50 million for cartelisation in several poultry markets, and in 2016, again, sentenced them to Rs100m penalty for fixing prices.

Collusive activities are prohibited under the Competition Act, 2010.

Published in Dawn, January 12th, 2018