CCP imposes Rs155m fine on Poultry Hatcheries for cartelization

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ISLAMABAD: The Competition Commission of Pakistan (CCP) has imposed a collective fine of Rs. 155 million on eight major poultry hatcheries for cartelization and price-fixing of day-old broiler chicks (DOCs). The CCP took suo motu notice of cartelization in the Day-Old Chick (DOC) market and initiated a comprehensive inquiry. The inquiry found that major hatcheries — including Sadiq Poultry, Hi-Tech Group, Islamabad Group, Olympia Group, Jadeed Group, Supreme Farms (Seasons Group), Big Bird Group, and Sabir’s Group — engaged in coordinated price-fixing, in violation of Section 4 of the Competition Act, 2010. Staff Reporter