CCP to convene open hearing to discuss competition concerns in sugar sector on Jan 25

22 Jan, 2018

On 18 January 2018, CCP published a public notice in the newspapers to inform the stakeholders and general public about the open hearing, which is expected to be attended by the farmers, sugar mill owners, consumers both from trade and industry and the general public, as well as the concerned federal and provincial government officials.  CCP will listen to the viewpoint of all the stakeholders and will then issue its opinion, says a statement issued here on Monday. The importance of competition in the sugar sector cuts across various levels of the market from sugarcane growers, through sugar mills, to commercial and common consumers.

As a result, this sector has been the subject of various enforcement, advocacy, and policy level initiatives of the CCP in the past, with all efforts invariably aimed at making the sector more competitive.

The opening hearing is being held under the CCP’s advocacy mandate under Section 29 of the Competition Act, 2010.

CCP is mandated to ensure a healthy competition in all spheres of commercial and economic activity to enhance economic efficiency and to protect consumers from anti-competitive practices.

Copyright PPI (Pakistan Press International), 2018

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