Pakistan auto sector monopoly explain by Faisal Vawda

Pakistan auto sector monopoly explain by Faisal Vawda

Faisal Vawda accused the system of favouring a limited number of auto companies in Pakistan to maintain monopoly, ARY News reported.

Senator Vawda Alleges Four-Company Monopoly in Auto Sector

The alleged monopoly of four companies in Pakistan’s automobile sector came under discussion at a meeting of the Senate Standing Committee on Finance on Tuesday, where Senator Faisal Vawda accused the system of favouring a small group of firms through the existing regulatory framework. The issue was raised during a meeting chaired by Senator Saleem Mandviwalla, as lawmakers reviewed matters relating to vehicle safety standards, regulatory oversi…