Скачать или смотреть Punjab Sugar Mills Face Show-Cause Notices for Price Fixing!"| News 99

The Competition Commission of Pakistan has issued show-cause notices to 10 sugar mills in Punjab for forming a cartel. According to the commission, the mills colluded to delay cane crushing and fixed the price of sugarcane at Rs. 400 per mon, ignoring the interests of farmers. A secret meeting was held on November 10 at one of the mills, which also included representatives of several other mills online. The Commission emphasized that such collusion to fix prices violates the Competition Act, and strict action is being taken against the mills involved.

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