ISLAMABAD: After nearly 14 years, the Competition Appellate Tribunal (CAT) has dismissed the appeal filed by the Pakistan Vanaspati Manufacturers Association (PVMA), upholding the Competition Commission of Pakistan’s (CCP) 2011 decision to impose a Rs50 million penalty on the association for engaging in anti-competitive conduct and discriminatory practices.

The PVMA, an association representing nearly 100 ghee and cooking oil manufacturers across the country, had challenged the CCP’s decision that found it in violation of Sections 3 and 4 of the Competition Act, 2010.

The case originated from an inquiry and subsequent show-cause proceedings........

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