ISLAMABAD: The Competition Commission of Pakistan (CCP) has imposed a fine of Rs75 million on Newage Cables (Pvt) Ltd and Rs190.22m on GM Cables and Pipes (Pvt) Ltd for engaging in Resale Price Maintenance (RPM), which is a violation of the Competition Act 2010.
The commission conducted an inquiry upon receiving information, supported by documentary evidence, including policy circulars issued by the respondents.
These circulars contained instructions restricting dealers from offering discounts beyond specified limits and prescribed punitive measures, including termination of dealership agreements, for non-compliance.
After its initial probe, the commission authorised an enquiry, which concluded that the respondents had, prima facie, violated Section 4 of the Act by imposing minimum resale price restrictions on their dealers.
The enquiry found that Newage’s retail discount policy and dealership agreements prohibited dealers from selling products below prescribed discount levels, while GM Cables imposed similar restrictions through its rate control notices and related communications.
Published in Dawn, April 1st, 2026
