Independent journal on economy and transport policy
19:45 GMT+2
Shipping agents fined Rs1m for forming cartel
(PakTribune)
June 24, 2011
ISLAMABAD: The anti-trust watchdog on Thursday imposed a fine of Rs1 million on the Pakistan Ship Agents Association (PSAA) after finding evidence of about the creation of a cartel that restricted competition in the market.
A three-member bench of the Competition Commission of Pakistan (CCP), in its order, held that PSAA had violated Section 4 of the Competition Act, 2010 by recommending a range of charges for ancillary shipping services provided by its members, said a CCP statement. The bench comprised members of CCP namely Abdul Ghaffar, Dr Joseph Wilson and Mueen Batlay ...... Read more on PakTribune
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher