The Competition Commission of Pakistan (CCP) has imposed a Rs5 million fine on both the Transporters of Goods Association (TGA) and the Local Goods Transport Association (LGTA) for violating Section 4 of the Competition Act 2010, which prohibits agreements that restrict competition or fix prices.
The penalty was determined by the CCP bench, led by Chairman Dr. Kabir Sidhu and Member Bushra Naz, in accordance with the Commission’s Guidelines on Imposition of Financial Penalties, which aim to reflect the seriousness of such infringements and serve as a deterrent to future violations.
The CCP found that both associations had engaged in rate-fixing through collective discussions and circulars, preventing individual transporters from independently setting their own prices.Â
The associations have been instructed to pay the penalty within 30 days.
