CAT upholds CCP’s ruling against PREMA Milk

News Image

MG News | July 04, 2025 at 10:16 PM GMT+05:00

0:00

July 04, 2025 (MLN): The Competition Appellate Tribunal (CAT) has upheld the findings of the Competition Commission of Pakistan (CCP) against At-Tahur (Pvt.) Limited, the processors and marketers of PREMA Milk, for engaging in deceptive marketing practices in violation of Section 10 of the Competition Act, 2010.

The case originated from a complaint filed by the Pakistan Dairy Association (PDA), alleging that PREMA disseminated misleading claims on social media following the Supreme Court’s 2016 judgment on milk quality.

PREMA's marketing campaign implied that all other dairy products, except PREMA's, were unfit for human consumption an assertion found to lack reasonable basis and capable of harming competitors' business interests, as per the press release issued today.

Following an inquiry, CCP concluded that the company had violated Section 10(1), read with Section 10(2)(a), (b), and (c) of the Act.

It imposed a penalty of Rs35 million and directed PREMA to issue a public clarification about its misleading claims.

While upholding CCP’s findings, CAT observed that the penalty amount is excessive and reduced the fine from Rs35m to Rs5m.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 168,519.94
600.69M
1.74%
2885.10
ALLSHR 100,327.69
1,191.02M
1.66%
1641.75
KSE30 50,918.37
289.83M
1.86%
931.27
KMI30 243,647.50
248.34M
1.65%
3960.26
KMIALLSHR 65,555.37
626.03M
1.47%
951.47
BKTi 46,361.54
106.78M
2.02%
916.94
OGTi 34,376.44
15.73M
1.21%
412.53
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 74,920.00 75,580.00
74,850.00
-255.00
-0.34%
BRENT CRUDE 94.87 96.90
93.93
0.08
0.08%
RICHARDS BAY COAL MONTHLY 103.25 103.25
103.25
-0.60
-0.58%
ROTTERDAM COAL MONTHLY 103.50 103.50
103.50
-0.50
-0.48%
USD RBD PALM OLEIN 1,175.00 1,175.00
1,175.00
0.00
0.00%
CRUDE OIL - WTI 90.75 91.50
90.67
-0.54
-0.59%
SUGAR #11 WORLD 13.50 14.03
13.48
-0.38
-2.74%

Chart of the Day


Latest News
April 15, 2026 at 05:56 PM GMT+05:00

Galiyat insurance scheme offers relief to herders


April 15, 2026 at 05:48 PM GMT+05:00

Shaheryar Chishti named chairman of K-Electric Board


April 15, 2026 at 05:22 PM GMT+05:00

Over-invoicing irregularities prompt govt crackdown



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg