CCP inspects float glass makers
As part of an ongoing enquiry to investigate the prima facie violations of Sections 3 ‘Abuse of Dominance’ and Section 4 ‘Prohibited Agreement’ (Cartelisation) of the Competition Act, 2010 in the glass industry, the Competition Commission of Pakistan (CCP)’s teams entered and searched the premises of two undertakings on suspicion of their involvement in anti-competitive practices.
The enquiry was initiated upon receiving various concerns that the undertakings were collectively deciding the pricing of float glass and utilisation of their production capacities.
CCP’s analysis of data from 2019 to 2021 showed that, for float glass of varying thicknesses, prices of both companies were similar, and the date of price increases and quantum of increase was also the same.
Published in The Express Tribune, September 9th, 2022.
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