Competition Commission of Pakistan had found PSMA and its 81 members guilty of certain prohibited cartel-like behaviour/conduct and causing "by object restriction" on competition in the industry
The hearings for 80 mills (5 mills chose not to appear or respond) spanned a considerable period, commencing on 7 January 2021 and concluding on 26 May 2021
Cartelisation, anti-competitive activities, collectively deciding the quantum of exports among reasons
He directed the Secretary Commerce to call a meeting with representatives of the Provincial governments and Federal Board of Revenue (FBR) to take further steps in this regard.
The CCP realizes that the SME sector deserves a special focus in the aftermath of the COVID-19 pandemic and its sustenance will depend on the support it gets from the relevant quarters.
