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Pakistan: Cartel fines imposed on automakers

By  |  April 15, 2015

The Competition Commission of Pakistan (CCP) on Tuesday slapped Rs140 million penalty on Pakistan Automobile Manufacturers Authorised Dealers Association (Pamada) for cartelisation and price fixing.

The penalty has been imposed on three relevant markets of body repairs and paint jobs, genuine automobile spare parts, and trained and experienced sales and technical staff.

The decision was made after an inquiry was conducted by the CCP in suspected cartelisation by Pamada and its members in the automobile sales and after sales markets.

 

Full Content: The Express Tribune

 

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