Tag Archives: Rs44bn fine imposed on sugar industry

ISLAMABAD: The Competition Commission of Pakistan (CCP) on Friday imposed the highest-ever penalty of Rs44 billion on the sugar industry for cartelisation, price fixing and market manipulation. The penalty has been imposed on the calculation of turnover of 55 sugar mills for the financial year 2019, with a maximum penalty of Rs300 million having been imposed on the Pakistan Sugar …

Read More »