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).
Adil Aziz
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’.
CCP hosts stakeholder engagement session for Cement manufactures
Competition Commission of Pakistan has hosted stakeholder engagement session, advocates significance of disclosing material information on Cement bags. This session is organized by CCP with the Ministry of Science and Technology and PSQCA.The Session was presided by Mr. Saeed Ahmed Nawaz, Member CCP.
CCP clears acquisition of P&G’s Safeguard manufacturing facility
The approved transaction entails the acquisition of certain assets of M/s Procter and Gamble Pakistan (Pvt.) Ltd (P&G) by M/s Nimir Industrial Chemicals Ltd (Nimir) under the Asset Purchase Agreement (APA).
CCP approves product supply agreement between Aramco, GO Petroleum
The Competition Commission of Pakistan (CCP) has granted a time-bound exemption on the relevant clauses of product supply agreement between Aramco Trading (ATC) Fujairah FZE Ltd and Gas and Oil Pakistan Ltd (GO Petroleum) for importing and selling gasoline and diesel products to Pakistan.
CCP issues show cause notices to fertilizer firms
The Competition Commission of Pakistan (CCP) issued Show Cause Notices to the Fertilizer Manufacturers of Pakistan Advisory Council (FMPAC) and six leading fertilizer companies for allegedly fixing urea prices, a prima facie violation of Section 4 of the Competition Act, 2010.
Editor
Govt creating level playing field for businesses: Finance Minister
Federal Minister for Finance, Revenue and Economic Affairs, Dr. Shamshad Akhtar expressed commitment to creating a level playing field for businesses and promoting healthy competition across all sectors of economy. She was talking to Chairman Competition Commission of Pakistan (CCP), Dr Kabir Ahmed Sidhu, who called on the federal minister here, finance ministry posted on…
CCP approves two mergers – home health care, insurance sectors
The Competition Commission of Pakistan (CCP) has granted approval to two mergers in-home healthcare services and non-life insurance sectors. The approvals were granted following the successful completion of Phase-1 competition assessment, conducted in accordance with Section 11 of the Competition Act, 2010, said a press release issued. The CCP approved the merger application filed by…
Implementation of CCP laws can cut prices by 30 pc: Rahat Kaunain
Competition Commission of Pakistan (CCP) Chairperson Rahat Kaunain said that complete implementation on competition laws would reduce the prices of essential items by 25 to 30 percent, end the cartel of different sectors and convert the Pakistan’s economy into a functional economy. She expressed these views in a discussion programme with members of Lahore Economic…
CCP conducts search & Inspection of two undertakings
As part of an investigation into the prima facie violations of Section 4 of the Competition Act, 2010, the Competition Commission of Pakistan (CCP) today carried out search and inspection of the offices of two undertakings that are suspected of fixing and circulating freight charges among its members at the country’s two leading seaports. The…