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Wire Journal News

May 2019

The Competition Commission of Pakistan (CCP) has fined cable manufacturers a total of approximately $127,000 for indulging in deceptive marketing practices.

Per an article in Dawn, Pakistan’s oldest most widely read English-language newspaper, the commission conducted an inquiry against 18 cable manufacturers. They were alleged to have inserted cash and coupons inside the bundle packs of electric wire that did not disclose what was inside. CCP noted that these practices only benefited electricians who generally open the packs and ended up deceiving end consumers who ultimately pay for the value of the coupons without being aware of it.

The CCP inquiry ruled that the behavior had been done by the following manufacturers: Dawn Cables, GM Cables, Fast Cable, Hitech English Cables, Pak Muzaffar Cable, Alfa Plus Wire Cable, Hi Ace English Cable, Gold Royal Cable, Zafar Cable, Nation Cable, Puller Cable, Welcome Cables, Dewan Cables, E-Flux Cables, Hero Cable, Falcon Cable, Lear Cables and Rana Cables. The companies admitted their involvement during the hearings for the charges, which stem back to 2016.

Fast Cables and GM Cables were each fined approximately $70,700, with the test of the fines split between the other 16 companies. There was no explanation for the difference. The insertion of a coupon was a violation of Section 10 as the products lack a reasonable basis related to the price printed for the consumer. All the companies were also directed to take out ads in English and Urdu newspapers informing the public about the presence and price value of coupons.

Published in Industry News

 Leoni reports that it will join Relayr—an Industrial Internet of Things (IIoT) company that provides complete solutions for risk-free digital transformations—for joint development work on linking intelligent cable and automation systems with innovative IoT technologies.

A press release said that the initiative will be aimed at enabling carmakers and their suppliers to reduce unplanned downtime of robotic manufacturing lines and raising production efficiency thereby improving overall equipment effectiveness (OEE). “Leoni and relayr will be jointly developing and providing an intelligent solution for predictive maintenance and monitoring of robot lines in car manufacturing based on the LEONiQ technology and relayr’s IoT portfolio,” it said. The research will look provide plant operators “ongoing and deeper insight into the critical areas and components of the whole line.” Initial test installations will begin as early as this year.

Leoni will provide its intelligent, IoT-enabled energy and data management on robot lines, related data analysis skills, and automotive automation and processes knowledge while relayr will contribute its know-how in IoT technology, data analysis and process optimization in industrial production.

Published in Industry News
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