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PAKISTAN SUGAR MILLS ASSOCIATION (PSMA) AND MEMBER UNDERTAKINGS vs Ss — 2022 CLD 1068 COMPETITION COMMISSION OF PAKISTAN

Case information

Citation
2022 CLD 1068 COMPETITION COMMISSION OF PAKISTAN
Year
2022
Reporter
CLD
Parties
PAKISTAN SUGAR MILLS ASSOCIATION (PSMA) AND MEMBER UNDERTAKINGS vs Ss
Provisions referred to
S. 4; S. 2

Fields are extracted from the reported citation and judgment text. Where a detail is not stated in the record, it is not shown.

Judgment text as reported

PAKISTAN SUGAR MILLS ASSOCIATION (PSMA) AND MEMBER UNDERTAKINGS VS Ss. 4 & 2(1)(b)---Prohibited agreement---Agreement---Scope---Term 'agreement' as conceived under the Act is very broad and encompasses the 'entering into' any/or all practices, arrangements and understandings that come within the purview of S. 4(1)---When S. 4(1) is read with the definition of 'agreement' in S. 2(1)(b) of the Act contractual elements like offer and acceptance, free consensus of parties, lawful consideration or for that matter enforceability of the agreement itself, are not relevant facts in determining whether any 'agreement' has been entered into---Prohibition under S. 4 pertains to all agreements whether these are: legally enforceable or not, with or without consideration or entered voluntarily or involuntarily.

Other judgments reported in 2022 CLD

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