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 agreements---Agreement---Scope---Term agreement used in S. 4 has a very wide scope---As per the definition given in S. 2(1)(b), the term "agreement" can refer to any arrangement, understanding or practice---An agreement can take a variety of forms and does not have to conform to the usual notion of a standardized written, binding or legally enforceable instrument---In line with this definition, a practice that has continued over a period of time in a particular market or industry qualifies to be an "agreement" and such an agreement can be scrutinized by the Commission.

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