Following reports the regulator would be cautious in pursuing an antitrust investigation, the Competition Commission of Pakistan has reportedly raided compressed natural gas associations’ premises and seized documents as part of a probe into the sector and whether the associations violated competition law by announcing a strike. A team assembled on Monday was given the go-ahead to conduct the search and inspection of associations that include All Pakistan CNG Association, CNG Dealers Association and CG Station Owner Association of Pakistan. Chairman of All Pakistan CNG Ghiyas Abdullah Paracha has said that his association did not announce a strike in Pakistan and that they are in full cooperation with the CCP.
Full Content: The Nation
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
EU to Scrutinize Telecom Italia’s Network Sale to KKR
May 8, 2024 by
CPI
Turkey Hits Meta with $37.20 Million Fine Over Data-Sharing Practices
May 8, 2024 by
CPI
Google Seeks Dismissal of UK Suit Over Alleged Anti-Competitive Practices
May 8, 2024 by
CPI
Redfin Settles $9.2M Commission Inflation Lawsuits
May 7, 2024 by
CPI
DOJ Supports Colorado’s Efforts to Block Kroger-Albertsons Merger
May 7, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI