ISLAMABAD - The Competition Commission of Pakistan (CCP) is considering a probe against the medicines mafia as they are selling tablets of same generic at different prices in the country.
We are trying to approach medicine companies to get their data, as they are involved in business of selling medicines of same generic at different prices in the country, said CCP member Shahzad Ansar while talking to the media on Thursday. He was flanked with Chairperson CCP Vadiyya Khalil and another member of the Commission Ikram Ul Haque Qureshi.
Chairperson said that CCP is going to do a study to discuss the alleged sugar Cartelization. Talking about the school free hike, She said that the case is taking time as two of the private schools approached Lahore High Court against the by saying CCP could not intervene in education matter, which is provincial. The CCP could take action if it found any group is involved in cartelization, whether it is provincial or federal issue, she added.
Sharing performance of the Commission, Vadiyya informed that CCP imposed Rs140 million fine on auto dealers for creating cartelization and using anti-competitive practices. “The CCP is also conducting inquiry of private airlines who had increased their air fair during the strike of national flag carrier airline and notices were served to these air lines”, she added.
On the directives of Finance Minister, Chairperson said that CCP suggested short term and long term recommendations for controlling prices. In short-run, we have proposed uniform price formula, which could determine the prices in the country.
Highlighting the performance of the Commission during so far period of the ongoing calendar year, she informed the media that CCP conducted 32 hearings and issued 13 showcase notices and took nine enforcement orders. Number of mergers was 74 and given 90 exemptions.
The CCP had also initiated 28 inquiries and 23 was completed and process was under way to complete the remaining five inquiries within the stipulated time.The Chairperson said the Commission had also issued three policy notes to the government.
She also informed about that CCP would organize road shows in 22 cities across the country in order to create awareness about competition laws. The commission would meet all stakeholders including chambers of commerce, academia and private sector organizations to promote advocacy and enforcement of laws.