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CCP fines edible oil tanker owners’ body Rs60mn for cartelisation
The Competition Commission of Pakistan (CCP) has imposed a Rs60 million penalty 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. The commission said the practices violated Section 4 of the Competition Act, 2010, and imposed separate penalties of Rs30 million for price fixing and market allocation. The case arose from CCP market surveillance, which detected circulars fixing transportation charges for edible oil, ghee and fats transported from Karachi ports to desti...
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