Tribunal Finds Pakistan Steel Mills Guilty of Abusing Market Dominance

The Competition Appellate Tribunal has upheld a decision by the Competition Commission of Pakistan (CCP), ruling that Pakistan Steel Mills (PSM) misused its dominant market position. The case, originally decided in 2010, involved PSM’s discriminatory pricing and refusal to supply products to certain buyers. The tribunal dismissed PSM’s appeal, reinforcing the CCP’s authority and the importance of fair competition in the market. This ruling marks a significant step in promoting accountability within state-owned enterprises.