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sugar mills fine

2021-8-14 · A fixed penalty of Rs50 million on each of the 22 sugar mills have been imposed in case of fixing prices of a 2010 USC tender. Besides the CCP chairperson, the three members included Shaista Bano, Bushra Naz Malik and Mujtaba Ahmad Lodhi

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sugar mills, psma fined rs44 billion for anti-competitive

sugar mills, psma fined rs44 billion for anti-competitive

2021-8-14 · LAHORE: The Competition Commission of Pakistan on Friday imposed a hefty fine of Rs44 billion on the Pakistan Sugar Mills Association (PSMA) and 81 member mills for violations of the Competition Act 2010. The PSMA has been imposed with the maximum fixed penalty of Rs75 million each for four contraventions, amounting to a total of Rs300 million

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psma, 55 sugar mills fined rs44bn for widespread

psma, 55 sugar mills fined rs44bn for widespread

2021-8-14 · The Competition Commission of Pakistan (CCP) has imposed a fine of Rs44bn (around USD265m) on the Pakistan Sugar Mills Association (PSMA) and 55 sugar mills for widespread manipulation to control

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competition commission imposes rs44 billion fine on sugar

competition commission imposes rs44 billion fine on sugar

2021-8-14 · Competition Commission imposes Rs44 billion fine on sugar mills ISLAMABAD: The Competition Commission of Pakistan (CCP) has imposed the biggest ever fine worth on the country’s 81 sugar mills

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sugar mills to escape rs44bn fine - samaa

sugar mills to escape rs44bn fine - samaa

2021-8-14 · The CPP has imposed a fine of Rs44bn on the PSMA and 55 sugar mills after year-long investigation into sugar crisis that hit the country in 2019 and

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ccp imposes rs44bn fine on pakistan sugar mills

ccp imposes rs44bn fine on pakistan sugar mills

2021-8-14 · CCP imposes Rs44bn fine on Pakistan Sugar Mills Association The Competition Commission of Pakistan (CCP) has imposed a penalty worth Rs44 billion on the Pakistan Sugar Mills Association (PSMA) for the violation of the Competition Act 2010. The penalty issued on Friday to the PSMA is the highest penalty ever imposed by the CCP

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pakistani watchdog imposes record $265m fine on sugar mills

pakistani watchdog imposes record $265m fine on sugar mills

2021-8-16 · The Competition Commission of Pakistan has imposed a record fine of 44 billion Pakistani rupees ($265 million) on the Pakistan Sugar Mills Association and 55 sugar mills for anti-competitive practices, Business Recorder reported. The association and the sugar mills have been accused of forming cartel and engaging in anti-competitive activities

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sugar mills to evade rs44bn fine - zemtv

sugar mills to evade rs44bn fine - zemtv

2021-8-14 · The CPP has imposed a fine of Rs44bn on the PSMA and 55 sugar mills after a year-long investigation into the sugar crisis that hit the country in 2019 and permanently raised sugar prices. The CPP has held a total of 81 sugar mills responsible for cartelization and plans to announce fines for 26 mills after determining their turnover

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psma, sugar mills slapped with rs44 billion fine - huge tech

psma, sugar mills slapped with rs44 billion fine - huge tech

PSMA, sugar mills slapped with Rs44 billion fine. 25 mins ago Google celebrates Pakistan’s Independence Day with Derawar Fort doodle. 30 mins ago Fireworks light up sky as Independence Day celebrations begin. 35 mins ago Jon Bernthal & Shea Whigham in 'Small Engine Repair' Film Trailer

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competition watchdog imposes record fine on sugar mills

competition watchdog imposes record fine on sugar mills

2021-8-17 · PAKISTAN On August 13, 2021, the Competition Commission of Pakistan (CCP) has imposed a penalty worth PKR44bn (€227mn) on the Pakistan Sugar Mills Association (PSMA) for fixing the price of sugar in violation of the Competition Act 2010. The fine is the biggest one ever imposed by the CCP, according to Pakistani press reports. PSMA […]

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rs44 billion fine issued to sugar industry

rs44 billion fine issued to sugar industry

2021-8-14 · Rs44 billion fine issued to sugar industry. The Competition Commission of Pakistan (CCP) has imposed a record penalty of Rs. 44 billion on the sugar industry for cartelization, price-fixing, and market manipulation. This penalty has been imposed based on the calculation of the turnover of 55 sugar mills for the financial year 2019

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ccp imposes fine of rs 44bln to 81 sugar mills for

ccp imposes fine of rs 44bln to 81 sugar mills for

2 天前 · LAHORE - Special Assistant to Prime Minister (SAPM) on Political Communication Dr Shahbaz Gill on Saturday said that Competitive Commission of Pakistan (CCP) had imposed a fine of Rs 44 billion to 81 sugar mills for embezzlement, corruption and ex­ploitation of the farmers.. Addressing a Press conference here at Press Information Department (PID), SAPM, Dr Shahbaz Gill said that the highest

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