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News APCMA challenges price-fixing fine

APCMA challenges price-fixing fine

Written by Global Cement staff 25 April 2025
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Pakistan: The All Pakistan Cement Manufacturers Association (APCMA) has appealed to the Competition Appellate Tribunal to annul a US$22.6m penalty imposed by the Competition Commission of Pakistan (CCP) over alleged collusion and price fixing.

APCMA’s counsel argued that the sector operates competitively with price variation, and that the CCP failed to properly analyse the industry geography. He said a 2003 quota-sharing agreement had expired before the CCP ruling and challenged office raids as unfounded.

The tribunal has adjourned the case to 22 May 2025, when defence lawyers will present arguments. The CCP previously fined the APCMA and its member companies in 2009 after alleging market collusion.

Last modified on 30 April 2025
Published in Global Cement News
Tagged under
  • Pakistan
  • APCMA
  • All Pakistan Cement Manufacturers Association
  • Price
  • Fine
  • Competition Commission of Pakistan
  • penalty
  • appeal
  • Asia
  • GCW707
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