Competition Commission of Pakistan imposed fines to tune of Rs275m in 2024
The Competition Commission of Pakistan (CCP) imposed penalties worth Rs275 million on companies involved in anti-competitive practices during 2024. In a statement, the regulator said these actions underscored CCP’s efforts to ensure fair competition in the market. The penalised companies were found guilty of cartelisation, collusion, and deceptive marketing in various sectors, including paint, pharmaceuticals, dairy products, and fast-moving consumer goods (FMCG). The commission also issued 32 showcause notices to companies across sectors such as fertiliser, real estate, education, public procurement in power distribution companies, pharmaceuticals and FMCG.