Pakistani dairy associations fined for price manipulation and creating artificial milk shortages.

The Competition Commission of Pakistan has fined three dairy associations in Karachi for manipulating fresh milk prices, violating the Competition Act 2010. The Dairy and Cattle Farmers Association was fined Rs1 million, while the Dairy Farmers Association Karachi and Karachi Dairy Farmers Association each received a fine of Rs500,000. The investigation found that the associations used coercive tactics to control pricing mechanisms and created an artificial shortage by hoarding milk in ice factories, leading to inflated prices in interior Sindh.

3 months ago
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