ISLAMABAD : The Competition Commission of Pakistan (CCP) on Friday carried out a search and inspection of a sugar mill head office in Lahore, to impound proofs of the group\u2019s suspected involvement in anti-competitive activities in violation of the Competition Act, 2010.
\nAs part of an ongoing enquiry into the possible anti-competitive activities in the sugar industry, the CCP on 14 September 2020 carried out a search and inspection of the Pakistan Sugar Mills Association\u2019s Lahore and Islamabad offices and impounded PSMA\u2019s record including the correspondence done through letters, emails, and whatsapp messages, between various members and office bearers of PSMA.
\nThe impounded data included exchange of emails between a senior official of one of the Sugar Mill (Member of PSMA) and PSMA Punjab zone office bearers regarding sensitive commercial information such as mill-wise, district-wise sugar stock position, and even the quantity of cane crushed, sugar produced, recovery percentage, carry forward old\/raw sugar, total sugar, quantity sold, balance and sold percentage.
\nMoreover, an analysis of the whatsapp messages exchanged in a group of PSMA officials, the same senior official of that Sugar Mill was found to be in constant communication with regard to price and stock related data of sugar mills.
\nThe impounded data indicated the senior official\u2019s continued involvement in sharing\/receiving sensitive information regarding sugar industry since 2012 when he was nominated as the focal person for coordinating the sugar stock position by PSMA.
\nThe CCP suspects that the compilation, consolidation, and distribution of sensitive commercial information using the PSMA\u2019s platform could lead to possible proof\/corroboration of collusive activity\/cartelisation that is violative of the Competition Act. The search team has impounded the relevant print and electronic material from the above-mentioned Sugar Mill premises for further scrutiny.<\/p>\n","protected":false},"excerpt":{"rendered":"
ISLAMABAD : The Competition Commission of Pakistan (CCP) on Friday carried out a search and inspection of a sugar mill head office in Lahore, to impound proofs of the group\u2019s suspected involvement in anti-competitive activities in violation of the Competition Act, 2010. As part of an ongoing enquiry into the possible anti-competitive activities in the […]<\/p>\n","protected":false},"author":2,"featured_media":146621,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-146612","post","type-post","status-publish","format-standard","has-post-thumbnail","category-national"],"yoast_head":"\n