CCP Partners with Digital Platforms to Combat Anti-Competitive Practices
The Competition Commission of Pakistan (CCP) has engaged with leading digital platforms—Pak Wheels and OLX Pakistan—to address emerging risks of anti-competitive practices and deceptive marketing in online marketplaces.
Mehfooz
Hyundai Penalized Rs.25 Million by CCP for Deceptive Tucson Launch Campaign
The Competition Commission of Pakistan (CCP) has cracked down on Nishat Hyundai Motors, slapping the auto giant with a Rs.25 million penalty for deceptive marketing tactics during the much-hyped 2020 launch of its Hyundai Tucson SUV.
CCP Approves 95.59% Acquisition of Alfalah Securities by Optimus Capital
The Competition Commission of Pakistan (CCP) has approved the acquisition of a 95.59 percent shareholding in Alfalah Securities (Private) Limited (ASPL) by Optimus Capital Management (Private) Limited (OCMPL) under a Share Purchase Agreement, following a comprehensive competition assessment.
CCP approves 50% acquisition of total Parco by Gunvor Group
The Competition Commission of Pakistan (CCP) approved 50% acquisition of total Parco by Gunvor Group, signaling growth in Pakistan’s fuel and lubricants Sector.
Adil Aziz
CCP approves 50% acquisition of Total Parco by Gunvor Group
The Competition Commission of Pakistan (CCP) granted approval for the acquisition of 50 percent share-holding in M/s. Total Parco Pakistan Limited (TPPL) by M/s. Aquashore SA, a company operating under Switzerland’s Gunvor Group.
CCP hearing on PTCL-Telenor merger continues
The Competition Commission of Pakistan (CCP) is actively progressing with the Phase II Merger Review of PTCL’s proposed acquisition of 100 percent shareholding in Telenor Pakistan (Private) Limited (TP) and Orion Towers Private Limited (OT).
CCP enforces ‘Competition Law’, Rs.27 Million in penalties recovered
The Competition Commission of Pakistan (CCP) has successfully recovered Rs.27 million in penalties from Reliance Paints and Pakistan Steel Mills (PSM) by exercising its authority under Section 40(2)(a) of the Competition Act, 2010, through the attachment of their bank accounts.
CCP approves shareholding acquisition in NIT
The Competition Commission of Pakistan (CCP) has approved the acquisition of 8.33% shareholding in M/s. National Investment Trust Limited (NITL) by two Pakistani residents. Following the transaction, M/s. Adamjee Foundation will ceased to be a shareholder in NITL.
CCP engages all stakeholders, regulators in PTCL-Telenor merger
The Competition Commission of Pakistan (CCP) is currently conducting an in-depth Phase II Merger analysis in response to the proposed merger between Pakistan Telecommunication Company Limited (PTCL) and Telenor Pakistan (Private) Limited (Telenor).
CCP imposes Rs.60 Million penalty on a multinational for deceptive marketing
The Competition Commission of Pakistan (CCP) has passed an order imposing a fine of Rs 60 million on Unilever Pakistan for airing deceptive claims through television commercials for its hygiene and cleansing products, ‘Lifebuoy (Care and Protect) Soap’ and ‘Lifebuoy Hand Wash’.