|
    Theme
    Business Verified Story

    Rs60m penalty slapped on edible oil tanker owners

    Sajal AliSeptember 20, 2026 2 min read
    Text Size
    Rs60m penalty slapped on edible oil tanker owners
    Business CoverageAman-e-Pakistan Digital Desk
    Key Story Executive Summary
    Quick Read

    The Competition Commission of Pakistan (CCP) has imposed a total penalty of Rs60 million on the All Pakistan Edible Oil Tanker Owners Association (APEOTOA) for fixing transportation charges and alloca…

    The commission imposed Rs30 million each for price fixing and market allocation. The case originated from the CCP's market surveillance, which detected circulars fixing transportation charges for edible oil, ghee and fats from Karachi ports to destinations across Pakistan.

    A suo motu enquiry was initiated in August 2024, followed by search and inspection in February 2025. The probe established from the material impounded during the search that APEOTOA revised transportation rates 89 times between 2019 and 2025, comprising 52 increases and 37 decreases.

    Corresponding circulars issued by the Pakistan Vanaspati Manufacturers Association (PVMA) communicated matching rate changes, while APEOTOA representatives acknowledged that transport rates were set through an agreement between the two associations. The commission rejected APEOTOA's claim that its rate circulars were merely advisory, holding that even non-binding recommendations by a trade association may restrict competition by influencing members' independent commercial decisions.

    Key Story Takeaway

    "Stay connected with Aman-e-Pakistan for ongoing live reporting and verified investigative updates."

    It also relied on the Supreme Court's judgment in the PVMA case, affirming that competitors must remain free to determine their prices independently. The commission separately found that APEOTOA's queue system allocated consignments among tanker owners instead of allowing independent competition for business.

    The association issued slips (parchis) for lifting consignments and enforced compliance with the system.

    S

    Written by Sajal Ali

    Aman-e-Pakistan Senior Journalist & Bureau Reporter

    Fact Checked & Verified

    Continue Reading: More in Business

    Swipe or click arrows to explore Business desk coverage

    Deepika Padukone, Ranveer Singh welcome second baby girlBusiness

    Deepika Padukone, Ranveer Singh welcome second baby girl

    Read Story
    Middle East conflict dents exportsBusiness

    Middle East conflict dents exports

    Read Story
    The jirga industry's hidden tragediesBusiness

    The jirga industry's hidden tragedies

    Read Story
    Deepika Padukone, Ranveer Singh welcome second baby girlBusiness

    Deepika Padukone, Ranveer Singh welcome second baby girl

    Read Story
    France's debt climbs to highest since 1995: ministryBusiness

    France's debt climbs to highest since 1995: ministry

    Read Story
    Diplomatic support sought to boost B2B connectivityBusiness

    Diplomatic support sought to boost B2B connectivity

    Read Story