CCP accepts APSMA’s request for more time

ISLAMABAD: The Competition Commission of Pakistan (CCP) here on Thursday accepted the All Pakistan Sugar Mills Association (APCMA) request for granting more time for reconsideration of their earlier request for invoking leniency provision and adjourned the hearing till December 2009. Pursuant to the show cause notice issued to the APSMA, second hearing was held on 26 November 2009 by the CCP. APSMA requested the commission to grant more time for reconsideration of their earlier request for invoking leniency provision under the ordinance. Hearing has been adjourned and the matter shall be fixed in the month of December. CCP after examining the records gathered during the surprise checking of APSMA’s offices had issued show cause notices for prima-facie cartelization in the sugar industry. staff report

source: dailytimes