AIRLINK 145.50 Decreased By ▼ -7.82 (-5.1%)
BOP 9.29 Decreased By ▼ -0.50 (-5.11%)
CNERGY 6.68 Decreased By ▼ -0.41 (-5.78%)
CPHL 77.70 Decreased By ▼ -4.01 (-4.91%)
FCCL 43.70 Decreased By ▼ -0.34 (-0.77%)
FFL 13.89 Decreased By ▼ -0.74 (-5.06%)
FLYNG 37.40 Increased By ▲ 0.73 (1.99%)
HUBC 131.25 Decreased By ▼ -2.22 (-1.66%)
HUMNL 12.75 Decreased By ▼ -0.10 (-0.78%)
KEL 4.34 Decreased By ▼ -0.04 (-0.91%)
KOSM 5.06 Decreased By ▼ -0.36 (-6.64%)
MLCF 70.60 Increased By ▲ 0.40 (0.57%)
OGDC 200.50 Decreased By ▼ -2.43 (-1.2%)
PACE 4.80 Decreased By ▼ -0.29 (-5.7%)
PAEL 41.60 Decreased By ▼ -1.50 (-3.48%)
PIAHCLA 15.70 Decreased By ▼ -0.77 (-4.68%)
PIBTL 8.29 Decreased By ▼ -0.53 (-6.01%)
POWER 14.00 Decreased By ▼ -0.40 (-2.78%)
PPL 148.53 Decreased By ▼ -3.27 (-2.15%)
PRL 28.11 Decreased By ▼ -1.41 (-4.78%)
PTC 19.29 Decreased By ▼ -1.10 (-5.39%)
SEARL 77.24 Decreased By ▼ -4.27 (-5.24%)
SSGC 33.70 Decreased By ▼ -2.38 (-6.6%)
SYM 13.89 Decreased By ▼ -0.69 (-4.73%)
TELE 6.54 Decreased By ▼ -0.47 (-6.7%)
TPLP 7.83 Decreased By ▼ -0.49 (-5.89%)
TRG 61.55 Decreased By ▼ -2.53 (-3.95%)
WAVESAPP 9.08 Decreased By ▼ -0.56 (-5.81%)
WTL 1.24 Decreased By ▼ -0.09 (-6.77%)
YOUW 3.35 Decreased By ▼ -0.30 (-8.22%)
AIRLINK 145.50 Decreased By ▼ -7.82 (-5.1%)
BOP 9.29 Decreased By ▼ -0.50 (-5.11%)
CNERGY 6.68 Decreased By ▼ -0.41 (-5.78%)
CPHL 77.70 Decreased By ▼ -4.01 (-4.91%)
FCCL 43.70 Decreased By ▼ -0.34 (-0.77%)
FFL 13.89 Decreased By ▼ -0.74 (-5.06%)
FLYNG 37.40 Increased By ▲ 0.73 (1.99%)
HUBC 131.25 Decreased By ▼ -2.22 (-1.66%)
HUMNL 12.75 Decreased By ▼ -0.10 (-0.78%)
KEL 4.34 Decreased By ▼ -0.04 (-0.91%)
KOSM 5.06 Decreased By ▼ -0.36 (-6.64%)
MLCF 70.60 Increased By ▲ 0.40 (0.57%)
OGDC 200.50 Decreased By ▼ -2.43 (-1.2%)
PACE 4.80 Decreased By ▼ -0.29 (-5.7%)
PAEL 41.60 Decreased By ▼ -1.50 (-3.48%)
PIAHCLA 15.70 Decreased By ▼ -0.77 (-4.68%)
PIBTL 8.29 Decreased By ▼ -0.53 (-6.01%)
POWER 14.00 Decreased By ▼ -0.40 (-2.78%)
PPL 148.53 Decreased By ▼ -3.27 (-2.15%)
PRL 28.11 Decreased By ▼ -1.41 (-4.78%)
PTC 19.29 Decreased By ▼ -1.10 (-5.39%)
SEARL 77.24 Decreased By ▼ -4.27 (-5.24%)
SSGC 33.70 Decreased By ▼ -2.38 (-6.6%)
SYM 13.89 Decreased By ▼ -0.69 (-4.73%)
TELE 6.54 Decreased By ▼ -0.47 (-6.7%)
TPLP 7.83 Decreased By ▼ -0.49 (-5.89%)
TRG 61.55 Decreased By ▼ -2.53 (-3.95%)
WAVESAPP 9.08 Decreased By ▼ -0.56 (-5.81%)
WTL 1.24 Decreased By ▼ -0.09 (-6.77%)
YOUW 3.35 Decreased By ▼ -0.30 (-8.22%)
BR100 11,913 Decreased By -197.7 (-1.63%)
BR30 34,571 Decreased By -767.9 (-2.17%)
KSE100 111,789 Decreased By -1779.2 (-1.57%)
KSE30 34,197 Decreased By -484.2 (-1.4%)

The Competition Appellate Tribunal (CAT) has dismissed an appeal filed by the Dairy Farmer Association Karachi (DFAK) as withdrawn.

The DFAK had filed the appeal against penalties imposed last year in December by the Competition Commission of Pakistan (CCP) on the representatives of three dairy associations in Karachi for collusive practices aimed at influencing the price of fresh milk—violating Section 4(1) and 4(2)(a) of the Competition Act, 2010.

During the proceedings, the tribunal was informed that the appeal was not maintainable, since no adverse order had been passed against the appellant, according to a statement released on Friday.

The counsel for the CCP clarified that DFAK was registered as a society under the Societies Registration Act, 1860, and the penalty in question had been imposed on the association’s representative, not the association itself.

CAT accepted the CCP’s legal position and directed the appellant’s counsel to withdraw the appeal. With the appellant’s consent, the tribunal subsequently dismissed the appeal as withdrawn.

PDA seeks reduction in hefty GST on dairy products

The penalties included Rs1 million imposed on Shakir Umer Gujjar of M/s Dairy and Cattle Farmers Association (DCFA); Rs500,000 each imposed on Haji Akhtar Gujjar of M/s Dairy Farmer Association Karachi (DFAK) and Haji Sikandar Nagori of M/s Karachi Dairy Farmers Association (KDFA).

As per the statement, the CCP initiated an inquiry following media reports of a sharp rise in milk prices across Karachi.

Investigations confirmed that the three associations, operating at various stages of the fresh milk supply chain, were actively involved in anti-competitive practices that led to a significant price hike affecting consumers in Karachi and surrounding areas.

Comments

200 characters