NewzShewz
No Result
View All Result
Sunday, June 1, 2025
  • Home
  • Finance
  • Politics
  • Energy
  • International
NewzShewz
  • Home
  • Finance
  • Politics
  • Energy
  • International
No Result
View All Result
NewzShewz
No Result
View All Result
Home Energy

CCP recovers Rs 10 million penalty from PIA for abusing domain position

by AMG
April 18, 2025
in Energy
0
CCP approves internal restructuring of Nishat companies.
53
VIEWS
Share on FacebookShare on Twitter


ISLAMABAD, April 18: The Competition Commission of Pakistan (CCP) has recovered a long-standing penalty of PKR 10 million from Pakistan International Airlines (PIA), originally imposed in 2009 for abusing its dominant position by excessively increasing Haj fares in 2008.
The penalty was imposed after the CCP conducted an inquiry based on media reports alleging that PIA had charged exorbitant Haj fares. The inquiry revealed that the national carrier had unreasonably increased Haj fares by more than 80%—from Rs38,500 to Rs70,000 for the southern region, and from Rs46,200 to Rs85,000 for the northern region.
This conduct was found to be in violation of Section 3(3)(a) of the then Competition Ordinance. Taking a lenient view in line with its policy of encouraging compliance and good business practices, the CCP imposed a token penalty of PKR 10 million.
PIA challenged the CCP’s decision in the Supreme Court of Pakistan, arguing that it had incurred losses on Haj flights and was only fulfilling its duties as a national carrier. The Supreme Court, however, referred the matter to the Competition Appellate Tribunal (CAT) as the appropriate forum for adjudication.
Following multiple hearings, the case was dismissed by the Tribunal due to non-appearance of PIA’s counsel. After the lapse of the appeal period, CCP exercised its enforcement powers under Section 40(2)(a) of the Competition Act, 2010, and recovered the penalty amount through attachment of the airline’s bank accounts.
The recovery marks a significant enforcement action and reflects CCP’s continued commitment to holding entities accountable for anti-competitive conduct.
Ends

Related Posts

MD NGC’s appointment on look-after basis raising seniority concerns
Energy

MD NGC’s appointment on look-after basis raising seniority concerns

by AMG
June 1, 2025
0

ISLAMABAD: The well-known adage “the right person for the right job” seems to hold little value in Pakistan’s public sector,...

Read more
NPCC reports 96 deviations from EMO in August 2024
Energy

NPCC suspends officials over operational error

by AMG
June 1, 2025
0

ISLAMABAD: The National Power Control Centre (NPCC) has suspended several officials over an operational mishap, which occurred due to a...

Read more
  • Trending
  • Comments
  • Latest
Dasu Transmission Line Controversy Continues

OSD DMD refutes incompetence label , highlights NTDC leadership flaws, WB project issues, corruption, and contractor influence”

May 6, 2025
Newzshewz Exclusive

NTDC BoD removes ” incompetent ” officials

April 23, 2025
GoP Receives Notice from Halmore Power Company Regarding ‘Forced’ Negotiated Settlement

GoP Receives Notice from Halmore Power Company Regarding ‘Forced’ Negotiated Settlement

December 8, 2024
Refineries seek FM intervention for removal of GST exemption on petroleum products

 ECC Likely to approve Rs 4.12/litre fuel price hike to support refineries, OMCs

May 14, 2025
Enhanced Rationalization in the Categorization of SOEs

Enhanced Rationalization in the Categorization of SOEs

0
PPIB to extend TLoS of ZSPL

PPIB to extend TLoS of ZSPL

0
CCP Fines Diamond Paint Industries PKR 5 million

CCP Fines Diamond Paint Industries PKR 5 million

0
Steering Committee on Discos

Steering Committee on Discos

0
MD NGC’s appointment on look-after basis raising seniority concerns

MD NGC’s appointment on look-after basis raising seniority concerns

June 1, 2025
NPCC reports 96 deviations from EMO in August 2024

NPCC suspends officials over operational error

June 1, 2025
Petroleum Minister meets OICCI

Petroleum Minister meets OICCI

May 30, 2025
NEPRA okays new financing mechanism for 59 IPPs of different technologies

Govt moves to curb expensive RLNG liabilities in line with power plants

May 30, 2025
  • Home
Contact us: contact@newzshewz.com

No Result
View All Result
  • Home
  • Finance
  • Energy
  • International
  • Politics
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.