CAT upholds CCP’s order on Diamond Paints for deceptive advertising

CAT upholds CCP’s order on Diamond Paints for deceptive advertising

ISLAMABAD: The Competition Appellate Tribunal (CAT) has upheld the Competition Commission of Pakistan’s (CCP) decision to penalize Diamond Paints for deceptive marketing — a violation of Section 10 of the Competition Act, 2010. The original penalty of PKR 5 million was halved to PKR 2.5 million, in light of the company’s compliance-oriented approach. The tribunal’s decision follows Diamond Paints’ admission of guilt and a plea for leniency. Appr…

CAT upholds CCP fine on diamond paints for misleading ads

May 15, 2025 (MLN): The Competition Appellate Tribunal (CAT) has upheld the decision of the Competition Commission of Pakistan (CCP) to penalize Diamond Paints for deceptive marketing practices in violation of Section 10 of the Competition Act, 2010. However, the original fine of Rs5 million has been reduced to Rs2.5m, considering the company’s compliance-oriented conduct. The tribunal’s ruling comes after Diamond Paints admitted guilt and reque…