The Competition Commission of Pakistan (CCP) has conducted an enter-and-search operation on the premises of a Karachi-based transporters’ association as part of an ongoing investigation into alleged anti-competitive practices in the transportation of edible oil.
Earlier, the CCP had initiated a suo moto inquiry regarding multiple circulars issued by the association, reportedly fixing transportation charges for edible oil from Karachi’s seaports to other cities across Pakistan. Price fixing by any association is a violation of the Competition Act, 2010, as it eliminates independent pricing decisions among competitors, distorts market dynamics, and harms consumers.
During the operation, the CCP’s authorized officers impounded relevant documents and computer-stored data to assess the extent of the association’s role in enforcing transport rates. The inquiry is now in its final stages, with the CCP aiming to conclude it at the earliest.
Reaffirming its commitment to fair competition, the CCP has urged businesses and trade associations to comply with competition laws and refrain from practices that hinder market efficiency and consumer welfare.