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International

Sugar mills, association face record fine of $265 million

August 16, 2021 Reprints

The Competition Commission of Pakistan has imposed a record fine of 44 billion Pakistani rupees ($265 million) on the Pakistan Sugar Mills Association and 55 sugar mills for anti-competitive practices, Business Recorder reported. The association and the sugar mills have been accused of forming cartel and engaging in anti-competitive activities.

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Sugar mills, association face record fine of $265 million

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