logo
Home appliances: CCP receives Rs90m penalties from two brands

Home appliances: CCP receives Rs90m penalties from two brands

ISLAMABAD: The Competition Commission of Pakistan (CCP) has received a total amount of PKR 90 million from two electronic home appliance brands, paid against the penalties imposed for engaging in anti-competitive conduct.
The penalties were imposed after the CCP concluded that both companies had violated competition law by restricting their dealers from selling products below specified prices, offering discounts, or providing package deals — practices that limited price competition in the market. Although the companies challenged the CCP's order before the Competition Appellate Tribunal (CAT), the Tribunal upheld the Commission's findings and directed the companies to deposit the penalty amount within 30 days.
Copyright Business Recorder, 2025
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

PCB still paying CC mentors
PCB still paying CC mentors

Express Tribune

time10 hours ago

  • Express Tribune

PCB still paying CC mentors

All five mentors pose with the captains of the Champions Cup sides. Photo. PCB Despite the termination of the mentors' positions, four former cricketers are still being paid their salaries. According to details, last year the Pakistan Cricket Board (PCB) appointed five former national team players — Shoaib Malik, Sarfaraz Ahmed, Misbah-ul-Haq, Waqar Younis, and Saqlain Mushtaq — as mentors for a new project, the Champions Cup. They were each paid a monthly salary of PKR 5 million. However, in recent months, the decision was made to discontinue the Champions Cup, meaning the mentors were no longer needed. Shoaib Malik had already resigned, but the other four former cricketers continue to receive their monthly salaries. Sources revealed that the PCB has sent termination letters to Saqlain Mushtaq and Waqar Younis. However, under their contracts, they are entitled to four months' salary, during which time the board may still assign them work. Sarfaraz Ahmed and Misbah-ul-Haq have been retained by the board on a permanent basis, but so far, they have not been given any new responsibilities. Sources also said that there is a possibility of their monthly salaries being reduced, and they have already been verbally informed about this. It is worth noting that all five mentors had faced continuous criticism for receiving PKR 5 million per month. Initially, the PCB waited for the mentors to resign voluntarily, but under the contract, early termination entitled them to four months' salary (PKR 20 million), so no one left their positions. Consequently, the authorities decided to terminate two of them while retaining the services of the other two permanently. Central contracts overhaul The Pakistan Cricket Board (PCB) has decided to introduce major changes to the new central contracts for players, with significant reshuffling likely in Category D, sources revealed on Saturday. According to sources, discussions over the new contracts have entered the final stages, with several players set to be dropped and a number of new players likely to be included. While some players could also be handed central contracts for the first time. Consultations have already been held with coaches, the director of high performance, the finance department and the International cricket department. Sources confirmed that cricketers no longer part of any of the three formats will almost certainly be excluded. Among those unlikely to cut are Aamir Jamal, Mohammad Huraira, Haseebullah, Usman Khan and Mohammad Ali. On the other hand, Hasan Nawaz, Mohammad Haris, Sufyan Muqeem, Hasan Ali, Faheem Ashraf and Fakhar Zaman are expected to be awarded central contracts. The names of Hussain Talat, Khushdil Shah, Mohammad Nawaz and Sahibzada Farhan have also been under discussion, with their inclusion a possibility. The current three-year financial model for central contracts is now in its final year. The Pakistan Cricket Board (PCB) will announce the new contracts officially after receiving approval from PCB chairman Mohsin Naqvi. For the unversed, Pakistan's squad for the upcoming T20I tri-series in the United Arab Emirates (UAE) and the ACC Men's Asia Cup 2025 is likely to be comprised of 18 players, three more than the usual number. According to the details, the national men's selection committee has started initial deliberation for the contingent and will now consult with T20I captain Salman Ali Agha and head coach Mike Hesson, who returned to the country earlier today after the white-ball series against West Indies. Sources further told that after the consultation between the selection committee, captain Agha and coach Hesson, the list of shortlisted will be sent for approval from Pakistan Cricket Board (PCB) chairman Mohsin Naqvi, with the formal announcement expected in the next two to three days. The insiders further revealed that the Pakistan squad for the upcoming assignments may be comprised of 18 players, with emerging pacers Salman Mirza and Ahmed Daniyal likely to be called up.

CCP upholds order against GCC Medical Centres
CCP upholds order against GCC Medical Centres

Business Recorder

timea day ago

  • Business Recorder

CCP upholds order against GCC Medical Centres

ISLAMABAD: The Competition Appellate Tribunal (CAT) has upheld the Competition Commission of Pakistan's (CCP) order against 20 medical centers and laboratories and their five associations for collusive price fixing, territorial allocation of customers, and other anti-competitive practices in mandatory pre-departure medical examinations for Pakistani workers bound for Gulf countries. The Tribunal upheld CCP's findings of competition law violations but reduced the penalties from PKR 20 million per medical center and PKR 10 million per Gulf Approved Medical Centres Administrative Offices (GAMCAs) to PKR 2 million per center and PKR 1 million per GAMCA. The case concerns a captive market of low-income Pakistani labourers — many securing manual jobs in Saudi Arabia, Qatar, Oman, Bahrain, and Kuwait — who must undergo medical tests at GCC-approved centers before departure. The CCP's inquiry found that GAMCAs in five regions — Islamabad/Rawalpindi, Lahore, Peshawar, Karachi, and Multan — allocated customers on a rotational basis. This eliminated competition on price and service quality. Workers were bound to a specific center, charged a uniform fee, and in some cases subjected to unnecessary repeat tests for additional payments. The CCP initiated its inquiry on a complaint by the Pakistan Overseas Employment Promoters Association (POEPA). The CCP's investigation concluded that fee fixation, territorial division, and equal allocation of customers by GAMCAs violated Sections 4 of the Competition Act, 2010. Dr. Kabir Sidhu, Chairman CCP, warned business associations against facilitating collusive practices, price fixing, or allocation of business quotas. He stressed that such platforms should be used to promote sectoral growth, enhancing competition, and to benefit consumers. Any anti-competitive conduct will be dealt with strictly under the competition law. Copyright Business Recorder, 2025

CCP's order against GCC Medical Centres upheld
CCP's order against GCC Medical Centres upheld

Business Recorder

time2 days ago

  • Business Recorder

CCP's order against GCC Medical Centres upheld

The Competition Appellate Tribunal (CAT) upheld the Competition Commission of Pakistan's (CCP) order against 20 medical centers and laboratories and their five associations for collusive price fixing, territorial allocation of customers, and other anti-competitive practices in mandatory pre-departure medical examinations for Pakistani workers bound for Gulf countries, according to a CCP statement on Friday. The tribunal upheld CCP's findings of competition law violations but reduced the penalties from Rs20 million per medical center and Rs10 million per GAMCA to Rs2 million per center and Rs1 million per GAMCA. CCP 2019 order: Appellate Tribunal grants partial relief to flour mills, upholds Rs35mn fine The case concerns a captive market of low-income Pakistani laborers — many securing manual jobs in Saudi Arabia, Qatar, Oman, Bahrain, and Kuwait — who must undergo medical tests at GCC-approved centers before departure. The CCP's inquiry found that GAMCAs in five regions — Islamabad/Rawalpindi, Lahore, Peshawar, Karachi, and Multan — allocated customers on a rotational basis. 'This eliminated competition on price and service quality. Workers were bound to a specific center, charged a uniform fee, and in some cases subjected to unnecessary repeat tests for additional payments.' The CCP initiated its inquiry on a complaint by the Pakistan Overseas Employment Promoters Association (POEPA). The CCP's investigation concluded that fee fixation, territorial division, and equal allocation of customers by GAMCAs violated Sections 4 of the Competition Act, 2010. Dr Kabir Sidhu, Chairman CCP, warned business associations against facilitating collusive practices, price fixing, or allocation of business quotas. He stressed that such platforms should be used to promote sectoral growth, enhancing competition, and to benefit consumers. Any anti-competitive conduct will be dealt with strictly under the competition law.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store