Observer Report
Islamabad
The Competition Commission of Pakistan on Tuesday issued show cause notices to Pakistan Sugar Mills Association and its 84 member mills on multiple instances of prima facie cartelization in violation of Section 4 of the Competition Act, 2010.
The show cause notices have been issued after the CCP decided to initiate proceedings under Section 30 of the Act on the recommendations of an enquiry into the anti-competitive activities in the sugar sector.
The CCP’s enquiry has found multiple instances where the Pakistan Sugar Mills Association (PSMA) is acting as a front-runner for cartelization in the sugar industry.
Evidence gathered during search and inspections conducted on the premises of PSMA and JDW Sugar Mills seem to suggest these anti-competitive activities have continued since 2010.
