• Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy
Friday, December 5, 2025
Daily The Business
  • Login
No Result
View All Result
DTB
No Result
View All Result
DTB

CCP imposes Rs1 billion in penalties on cartels, deceptive advertisers during FY2024-25

July 14, 2025
in Markets
CCP imposes Rs1 billion in penalties on cartels, deceptive advertisers during FY2024-25
Share on FacebookShare on TwitterWhatsapp

The Competition Commission of Pakistan (CCP) issued 12 major orders during FY 2024-25, imposing penalties worth Rs1.007 billion on businesses involved in anti-competitive practices across key sectors including fertilisers, poultry, automobiles, pharmaceuticals, real estate, food, hygiene products, paints, and education, a CCP statement said on Monday.

“The commission has strengthened its enforcement arm and streamlined hearings by curbing unnecessary delays. This fast-track approach is helping CCP resolve cases swiftly and enforce the law more effectively,” the statement read.

Out of the 12 orders issued, eight were related to deceptive marketing, it added.

As per the details, three orders involved cartelisation and price fixing. One order was issued on the direction of the Lahore High Court to address the issue of CCP’s jurisdiction in a case involving the deceptive and fraudulent use of a trademark under Section 10(2) of the Competition Act.

Notices issued to sugar mills for rehearing in cartelisation case

Moreover, CCP fined six urea manufacturers and their trade group—Fertilizer Manufacturers of Pakistan Advisory Council (FMPAC)—a total of Rs375 million for price-fixing. Each company was fined Rs50 million; the association was fined Rs75 million.

Another major penalty of Rs155 million was slapped on eight poultry hatcheries for fixing prices of day-old broiler chicks.

In deceptive marketing cases, Kingdom Valley was fined Rs150 million for false claims about its housing project. Unilever and Friesland Campina Engro were fined Rs75 million each for marketing frozen desserts as ice cream. Unilever also faced an additional Rs60 million penalty for deceptive ads for Lifebuoy products, CCP said.

Al-Ghazi Tractors was fined Rs40 million for false fuel efficiency claims. Hyundai Nishat Motors received a Rs25 million fine for misleading ads about the Hyundai Tucson SUV.

Deceptive marketing practices: CAT upholds CCP findings against marketers of PREMA Milk

3N Lifemed Pharmaceuticals was fined Rs20 million for using fake certification for dialysis machines. The fine was later reduced to Rs2 million by the Competition Appellate Tribunal (CAT). British Lyceum and Diamond Paints were fined Rs5 million each for publishing misleading advertisements.

“Cartelisation is a serious offence and will not be tolerated,” warned CCP Chairman Dr Kabir Sidhu. “Cartels harm economic growth, violate consumer rights, and deter new investment,” he was quoted as saying in the CCP statement.

He further emphasised that association platforms must not be used for “price collusion or to facilitate market abuse”, which leads to the exploitation of the entire nation.

Tags: cartelsCCPCompetition Commission of Pakistandeceptive advertisers
Share15Tweet10Send
Previous Post

Deadlocked Gaza truce talks limp on but US hopes for deal

Next Post

Stock Market Sets New Record – Index Surpasses 135,000-Point Mark

Related Posts

Copper hits record high, heads for weekly jump after Citi lifts outlook
Markets

Copper hits record high, heads for weekly jump after Citi lifts outlook

December 5, 2025
Rupee records gain against US dollar
Markets

Rupee records gain against US dollar

December 5, 2025
Bullish momentum at bourse, KSE-100 gains over 1,100 points in early trade
Markets

Bullish momentum at bourse, KSE-100 gains over 500 points during intra-day

December 5, 2025
Gold price gains Rs3,000 per tola in Pakistan
Markets

Gold price gains Rs3,000 per tola in Pakistan

December 5, 2025
Ford recalls nearly 109,000 vehicles, NHTSA says
Markets

Ford recalls nearly 109,000 vehicles, NHTSA says

December 5, 2025
India weighs greater phone-location surveillance; Apple, Google and Samsung protest
Markets

India weighs greater phone-location surveillance; Apple, Google and Samsung protest

December 5, 2025

Popular Post

  • FRSHAR Mail

    FRSHAR Mail set to redefine secure communication, data privacy

    126 shares
    Share 50 Tweet 32
  • How to avoid buyer’s remorse when raising venture capital

    33 shares
    Share 337 Tweet 211
  • Microsoft to pay off cloud industry group to end EU antitrust complaint

    54 shares
    Share 22 Tweet 14
  • Capacity utilisation of Pakistan’s cement industry drops to lowest on record

    47 shares
    Share 19 Tweet 12
  • SingTel annual profit more than halves on $2.3bn impairment charge

    47 shares
    Share 19 Tweet 12
American Dollar Exchange Rate
  • Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy
Write us: info@dailythebusiness.com

© 2021 Daily The Business

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy

© 2021 Daily The Business

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.