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Ghee manufacturers come under CCP radar for anti-competitive behaviour

Ghee manufacturers come under CCP radar for anti-competitive behaviour
July 9, 2021
As part of an investigation into the alleged violations of Sections 3 and 4 of the Competition Act, 2010 in the edible oil and ghee sector, the Competition Commission of Pakistan (CCP) today carried out search and inspection of the office of Pakistan Vanaspati Manufacturers Association (PVMA) located in Islamabad, Lahore and Karachi
The search inspections were carried out under Section 34 of the Act to impound documents and computer-stored information relating to the suspected role of PVMA in anti-competitive activities, said a press statement issued on Thursday.
Three different teams of authorised officers entered and searched the premises of PVMA, and seized important information. PVMA officials fully cooperated with the search teams and handed over required documents and computer-stored information after signing the inventory details. During the investigation, the CCP’s enquiry ....

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CCP raids offices of Pakistan Vanaspati Manufacturers Association

CCP raids offices of Pakistan Vanaspati Manufacturers Association
July 9, 2021
ISLAMABAD: After witnessing a surge in ghee/cooking oil prices, the Competition Commission of Pakistan on Thursday raided the premises of Pakistan Vanaspati Manufacturers Association for impounding records to establish alleged cartelization and abuse of dominance for fleecing consumers.
Top official sources said that the government had taken a strong notice of an unprecedented surge in prices of ghee and cooking oil in the domestic market in the aftermath of budget 2021-22, so the decision was taken to probe it with the help of competition commission.
The Competition Commission of Pakistan (CCP) team raided three major cities and seized plenty of records from the Pakistan Vanaspati Manufacturers Association (PVMA) offices located in Islamabad and Lahore. ....

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CCP conducts search and inspection of PVMA

Daily Times
July 9, 2021
As part of an investigation into the alleged violations of Sections 3 and 4 of the Competition Act, 2010 in the edible oil and ghee sector, the Competition Commission of Pakistan (CCP) Thursday carried out search and inspection in the offices of Pakistan Vanaspati Manufacturers Association (PVMA) located in Islamabad, Lahore and Karachi
The search inspections were carried out under Section 34 of the Act to impound documents and computer-stored information relating to the suspected role of PVMA in anti-competitive activities, said a press release issued here. Three different teams of authorised officers entered and searched the premises of PVMA, and seized important information. PVMA officials fully cooperated with the search teams and handed over required documents and computer-stored information after signing the inventory details. ....

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Sugar, ghee, oil prices go up

Sugar, ghee, oil prices go up
tribune.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tribune.com.pk Daily Mail and Mail on Sunday newspapers.

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CCP raids PVMA offices in three cities

CCP raids PVMA offices in three cities
tribune.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tribune.com.pk Daily Mail and Mail on Sunday newspapers.

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