CCP authorizes acquisition of TPL insurance limited by “Jazz International Holding Limited”
The Competition Commission of Pakistan (CCP) has authorized the acquisition of M/s. TPL Insurance Limited by M/s. Jazz International Holding Limited from M/s. TPL Corp Limited following a Phase-I review.
Adil Aziz
CCP imposes Rs 265 Million aggregate Penalty on two Cable firms for resale Price maintenance
The Competition Commission of Pakistan (CCP) has imposed a penalty of Rs 75 million on Newage Cables (Pvt.) Ltd. and Rs. 190.22 million on GM Cables & Pipes (Pvt.) Ltd, for engaging in Resale Price Maintenance (RPM) practices in violation of Section 4 of the Competition Act, 2010.
Mehfooz
CCP enforces order, recovers Rs 40 million Penalty from UDPL, IBL
The Competition Commission of Pakistan (CCP) has successfully enforced its order by recovering a cumulative penalty of Rs 40 million from United Distributors Pakistan Limited (UDPL) and International Brands (Private) Limited (IBL) for entering into an anti-competitive non-compete agreement in violation of Section 4 of the Competition Act, 2010.
Editor
CCP Calls for Long-Term Auto Policy and Financing Reforms to Boost Competition
The Competition Commission of Pakistan (CCP) has released a comprehensive report, “The Road to Fair Competition– A Study of Pakistan’s Automobile Industry,” highlighting structural and regulatory challenges in the sector and recommending wide-ranging reforms, including a long-term policy road-map, improved vehicle financing, and removal of regulatory distortions to foster competition and efficiency.
PC Board Pushes for FFC’s Inclusion in AHCL-Led Consortium to CCoP
The Privatisation Commission (PC) Board recommended to the Cabinet Committee on Privatisation (CCoP) approval of inclusion of Fauji Fertilizer Company Limited (FFC) in the consortium led by Arif Habib Corporation Limited (AHCL), the successful bidder for Pakistan International Airlines Corporation Limited (PIACL). The meeting was held under the chairmanship of Muhammad Ali, Adviser to the…
CCP Approves FWBL Takeover by Abu Dhabi’s Eve Holdings
The Competition Commission of Pakistan (CCP) approved the proposed acquisition of First Women Bank Limited (FWBL) by Abu Dhabi-based Eve Holdings RSC Limited, following a Phase-I competition assessment conducted under the Competition Act, 2010.
CAT dismisses banks’ appeals, upholds CCP’s Rs.205M penalties in ESA Cartel Case
The CCP had imposed a penalty of PKR 30 million on the PBA and PKR 25 million each on Habib Bank Limited, Allied Bank Limited, MCB Bank Limited, United Bank Limited, Saudi Pak Bank Limited, Atlas Bank Limited, and National Bank Limited.
CCP Slaps Fine on Mezan Beverages for Deceptive Marketing
The Competition Commission of Pakistan (CCP) has imposed a penalty of PKR 150 million on Mezan Beverages (Private) Limited, the commission said on today (Jan 02).
CCP authorizes acquisition of Elite Hospitality Ventures by JS Hotel REIT
The Competition Commission of Pakistan (CCP) has authorized the proposed acquisition of Elite Hospitality Ventures (Private) Limited by JS Hotel REIT.
CCP Approves acquisition of Standpharm Pakistan by Crest Garments International
The Competition Commission of Pakistan (CCP) authorized the transaction of Standpharm Pakistan (Private) Limited by Crest Garments International (Private) Limited, which forms part of an internal corporate restructuring as both entities are under the common ownership and management of the same group of individual shareholders, according to the CCP statement.