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Friday, October 23, 2009

Competition Commission issues show cause notice to PSMA

Competition Commission issues show cause notice to PSMAISLAMABAD: Competition Commission of Pakistan has issued show cause notice to Pakistan Sugar Mills Association (PSMA) and some of sugar mills for violating section 4 of competition law.

Chairman CCP Khalid Mirza told media that explanation has been called from sugar mills about monopoly. He said mills will provide opportunity to explain their position. A bench will be formed for hearing reply of the mills and give its comments. A section is trying to weaken competition law and commission, he added.

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