CCP to probe fare raise by private airlines
LAHORE: The Competition Commission of Pakistan (CCP) has decided to initiate an inquiry against all the private airlines that increased their fares manifold after the Pakistan Airlines Pilots’ Association (PALPA)’s ongoing strike. Prime Minister Nawaz Sharif has already issued instructions in this regard to the authority concerned to take action
By our correspondents
October 06, 2015
LAHORE: The Competition Commission of Pakistan (CCP) has decided to initiate an inquiry against all the private airlines that increased their fares manifold after the Pakistan Airlines Pilots’ Association (PALPA)’s ongoing strike. Prime Minister Nawaz Sharif has already issued instructions in this regard to the authority concerned to take action against the private airlines which are making money in the wake of the strike which has almost crippled PIA’s domestic and international operations.
A CCP official told The News the CCP would investigate whether the private airlines had abused their dominant position or indulged in some other anti-competition activities by taking advantage of a crisis created by the PALPA strike and taxing the consumers.
The Section 3 of the Competition Act prohibits unreasonable and unjustifiable increase in the prices of goods and services and empowers the CCP to investigate the exploitative practices.
A CCP official told The News the CCP would investigate whether the private airlines had abused their dominant position or indulged in some other anti-competition activities by taking advantage of a crisis created by the PALPA strike and taxing the consumers.
The Section 3 of the Competition Act prohibits unreasonable and unjustifiable increase in the prices of goods and services and empowers the CCP to investigate the exploitative practices.
-
Timothee Chalamet Felt '17 Again' After Reunion With 'Interstellar' Director Christopher Nolan -
Conan O'Brien Speaks First Time After Rob Reiner's Killing -
Giant Tortoise Reintroduced To Island After Almost 200 Years -
Eric Dane Drops Raw Confession For Rebecca Gayheart In Final Interview -
Trump Announces New 10% Global Tariff After Supreme Court Setback -
Influencer Dies Days After Plastic Surgery: Are Cosmetic Procedures Really Safe? -
Eric Dane Confesses Heartbreaking Regret About Daughters' Weddings Before Death -
Nicole 'Snooki' Polizzi Reveals Stage 1 Cervical Cancer Diagnosis -
Timothee Chalamet Admits He Was 'grumpy' Before Beau Kylie Jenner's Unexpected Move -
Hilary Duff’s Son Roasts Her Outfit In New Album Interview -
Alexandra Daddario, Andrew Form Part Ways After 3 Years Of Marriage -
Eric Dane Rejected Sex Symbol Label -
Avan Jogia Says Life With Fiancee Halsey Feels Like 'coming Home' -
Kate Middleton's Role In Handling Prince William And Harry Feud Revealed -
Tucker Carlson Says Passport Seized, Staff Member Questioned At Israel Airport -
David, Victoria Beckham Gushes Over 'fiercely Loyal' Son Cruz On Special Day