AIRLINK 191.84 Decreased By ▼ -1.66 (-0.86%)
BOP 9.87 Increased By ▲ 0.23 (2.39%)
CNERGY 7.67 Increased By ▲ 0.14 (1.86%)
FCCL 37.86 Increased By ▲ 0.16 (0.42%)
FFL 15.76 Increased By ▲ 0.16 (1.03%)
FLYNG 25.31 Decreased By ▼ -0.28 (-1.09%)
HUBC 130.17 Increased By ▲ 3.10 (2.44%)
HUMNL 13.59 Increased By ▲ 0.09 (0.67%)
KEL 4.67 Increased By ▲ 0.09 (1.97%)
KOSM 6.21 Increased By ▲ 0.11 (1.8%)
MLCF 44.29 Increased By ▲ 0.33 (0.75%)
OGDC 206.87 Increased By ▲ 3.63 (1.79%)
PACE 6.56 Increased By ▲ 0.16 (2.5%)
PAEL 40.55 Decreased By ▼ -0.43 (-1.05%)
PIAHCLA 17.59 Increased By ▲ 0.10 (0.57%)
PIBTL 8.07 Increased By ▲ 0.41 (5.35%)
POWER 9.24 Increased By ▲ 0.16 (1.76%)
PPL 178.56 Increased By ▲ 4.31 (2.47%)
PRL 39.08 Increased By ▲ 1.01 (2.65%)
PTC 24.14 Increased By ▲ 0.07 (0.29%)
SEARL 107.85 Increased By ▲ 0.61 (0.57%)
SILK 0.97 No Change ▼ 0.00 (0%)
SSGC 39.11 Increased By ▲ 2.71 (7.45%)
SYM 19.12 Increased By ▲ 0.08 (0.42%)
TELE 8.60 Increased By ▲ 0.36 (4.37%)
TPLP 12.37 Increased By ▲ 0.59 (5.01%)
TRG 66.01 Increased By ▲ 1.13 (1.74%)
WAVESAPP 12.78 Increased By ▲ 1.15 (9.89%)
WTL 1.70 Increased By ▲ 0.02 (1.19%)
YOUW 3.95 Increased By ▲ 0.10 (2.6%)
BR100 11,930 Increased By 162.4 (1.38%)
BR30 35,660 Increased By 695.9 (1.99%)
KSE100 113,206 Increased By 1719 (1.54%)
KSE30 35,565 Increased By 630.8 (1.81%)

ISLAMABAD: The Competition Appellate Tribunal (CAT) has dismissed the appeal filed by Neucon Pakistan, affirming the decision of the Competition Commission of Pakistan (CCP) regarding fraudulent use of trademark and labelling and packaging.

The CCP issued a show cause notice to Neucon Pakistan after receiving a formal complaint from Ferozsons Laboratories Limited, the authorized distributor of Biofreeze Gel and Spray in Pakistan, a product originally developed by USA-based Performance Health Inc. Ferozsons alleged that Neucon was marketing a deceptively similar product under the name “BYQFREEZ,” mimicking the trademark, packaging, and labeling of Biofreeze.

Following a comprehensive inquiry, the CCP confirmed that Performance Health Inc is the rightful owner of the Biofreeze trademark and that Ferozsons was the only registered distributor in Pakistan. As Neucon lacked authorization to use the Biofreeze trademark, the CCP imposed a penalty of PKR 2.5 million on Neucon Pakistan for violation of the Competition Act, 2010.

Neucon subsequently challenged the CCP’s order in an appeal before the CAT. However, the tribunal dismissed the appeal on 21st May 2024.

Copyright Business Recorder, 2024

Comments

Comments are closed.