In the light of cartelisation and price fixing of day-old broiler chicks (DOCs), the Competition Commission of Pakistan (CCP) slapped a collective fine of Rs155 million on eight major poultry hatcheries, said a CCP press release on Wednesday. Last week, the National Price Monitoring Committee showed concerns over the rising trend in perishable products, directing the Ministry of Food Security to develop a price control mechanism for poultry. The CCP took suo motu notice of cartelisation in the DOC market, initiating an inquiry which found that eight major hatcheries were engaged in a coordinated effort to fix their prices. The CCP named the following hatcheries: Sadiq Poultry, Hi-Tech Group, Islamabad Group, Olympia Group, Jadeed Group, Supreme Farms (Seasons Group), Big Bird Group, and Sabir’s Group. Detailing the mode of operation of the cartel, the CCP noted that the hatcheries discussed the prices in a WhatsApp group titled “Chick Rate Announcement.” The group was administered...