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CCP starts probe after complaints
 
August 09, 2012
 
 

ISLAMABAD - The CCP has started probe after receiving complaints from several PSO cartage contractors, alleging that PSO is forcefully selling lube oil to them by deducting the price of such products from the payments due for cartage services.Given the potentially anti-competitive nature of such actions, CCP has started to probe the matter in detail and solicited PSO’s response in the matter. However, despite a reminder, the reply is still awaited.Forced sale of products may constitute an anti-competitive practice prohibited by the Competition Act, 2010. The practice of forced sales, which places unrelated obligation on trading parties for the conclusion of contracts, is barred under law and can amount to a prohibited agreement/practice or an abuse of dominance under the Act. It would be pertinent to mention here that CCP has consistently strived to promote competition and curb anti-competitive behavior in Pakistan economy. Since its inception, CCP has levied penalties to the tune of Rs 8.562 for the violation of the competition law.

 
 
on epaper page 16
 
 
 
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