Rs60m Penalty Slapped on Edible Oil Tanker Owners
The commission said the association used a diesel-linked fare formula and changed transport rates 89 times in six years.
6 Articles
6 Articles
CCP imposes Rs60m penalty on APEOTOA
ISLAMABAD - The Competition Commission of Pakistan (CCP) has imposed a total penalty of Rs60 million on the All Pakistan Edible Oil Tanker Owners Association (APEOTOA) for fixing transportation charges and allocating business among tanker owners through a restrictive queue system, in violation of Section 4 of the Competition Act, 2010.
CCP Fines Edible Oil Tanker Association Rs. 60 Million for Cartelization
The Competition Commission of Pakistan (CCP) has imposed a total penalty of Rs. 60 million on the All Pakistan Edible Oil Tanker Owners Association (APEOTOA) for engaging in anti-competitive practices, including fixing transportation charges and allocating business among tanker owners. The CCP imposed Rs. 30 million each for price fixing and market allocation, finding the […]
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