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Tag Archives: PFMA fined Rs75m for fixing flour prices

PFMA fined Rs75m for fixing flour prices


December 17, 2019

ISLAMABAD: The Competition Comm­ission of Pakistan (CCP) has imposed a fine of Rs75 million on Pakistan Flour Mills Association (PFMA) for fixing the price of wheat flour, fixing the quantities of production of wheat flour among its members and providing a platform to share commercially sensitive information. The commission took notice of various news items suggesting an unusual price hike …

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