CCP conducts hearing on collusive practices of Poultry Companies dailytimes.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailytimes.com.pk Daily Mail and Mail on Sunday newspapers.
Competition Commission of Pakistan (CCP) conducted a hearing in the poultry cartelization case, wherein the Pakistan Poultry Association (PPA) presented its defence against allegations of price fixing. This hearing was fixed after show cause notices were issued to PPA and eight other entities for c ..
The investigation will examine whether a collusion between poultry companies and the Pakistan Poultry Association (PPA) led to the unusual rise in prices. ─ AFP/File
ISLAMABAD: With prices of chicken meat surging to a new high, the Competition Commission of Pakistan (CCP) is considering the launch of an investigation against the poultry sector.
The investigation will examine whether a collusion between poultry companies and the Pakistan Poultry Association (PPA) led to the unusual rise in prices.
Informed sources told
Dawn that senior officials of the Competition Commission held consultations online after receiving a large number of complaints about the consistent rise in prices of chicken and eggs. They took a decision, in principle, to initiate a probe against the poultry sector.