Pakistan’s government fixed a price for fresh milk after Price Control Committees consulted with milk seller and retail associations. In response, the Competition Commission of Pakistan has sent the federal and provincial governments a policy note expressing its concerns that the practice is in violation of price-fixing rules. The problem was not the government fixing the price of milk, but rather the participation of interested stakeholders in setting prices.
Full content: The Express Tribune
Related content: Recovery in the U.S. for Price Fixing Abroad: The Future of FTAIA Litigation (Alicia Batts & Keith Butler, Proskauer Rose)
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