ISLAMABAD – A prolonged price-fixing dispute finally reached Supreme Court, with the top court upholding the violation against the ghee and cooking oil manufacturers’ association while reducing penalty to Rs30 million. Supreme Court ruled that Pakistan Vanaspati Manufacturers Association (PVMA) violated competition law by coordinating prices of ghee and cooking oil among competing companies. A The post No Relief for Ghee, Cooking Oil manufacturers as Supreme Court upholds Rs30m penalty appeared first on Daily Pakistan English News.
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