Competition Commission Archives - Page 2 of 5

China based company acquires renewable energy firm in Pakistan CCP has granted approval for the acquisition of M/s. SSIL by M/s. CRE International Co., Limited.

On: December 1, 2023

Tagged: China based company, Competition Commission, Pakistani energy firm, Strategically invests

CHINA BASED COMPANY ACQUIRES RENEWABLE ENERGY FIRM IN PAKISTAN ISLAMABAD ( Web News ) China based M/s. CNNP Rich Energy Co. Ltd. strategically invests in Pakistan’s renewable energy sector through its wholly owned subsidiary M/s. CRE International Co., Limited. The Competition Commission of Pakistan (CCP) has granted approval for theRead More →

CCP & ICAP to Hold Specialised training on Competition Law for ICAP Members CCP and ICAP will jointly have Continuing Professional Development programmes on Competition Law.

On: September 28, 2023

In: Commerce and Industry

Tagged: Chartered Accountants, Competition Commission, Competition Law, Specialised training

CCP & ICAP to Hold Specialised training on Competition Law for ICAP Members ISLAMABAD ( Web News ) The Competition Commission of Pakistan (CCP) and the Institute of Chartered Accountants of Pakistan (ICAP) will jointly have Continuing Professional Development (CPD) programmes on Competition Law. The Directors’ Training Programme under theRead More →

CCP’s study recommends measures to enhance SMEs economic efficiency The study recommends reviewing the definition of SMEs in comparison to other regional countries

On: July 14, 2023

In: Commerce and Industry

Tagged: 50 Financial Institutions, Competition Commission, Enhancing Economic, SMEs, SMEs in Pakistan

CCP’S STUDY RECOMMENDS MEASURES TO ENHANCE SMEs’ ECONOMIC EFFICIENCY ISLAMABAD ( Web News ) The Competition Commission of Pakistan (CCP) has concluded an extensive study titled “Enhancing Economic Efficiency of SMEs in Pakistan”, identifying barriers to competition, and providing recommendations for improving the economic efficiency of Small and Medium EnterprisesRead More →

CCP enquiry uncovers prima face price fixing by urea productions Announcing the ‘Maximum Retail Price’ of urea at Rs 1768 per 50 KG Bag violation of Section 4 ‘Prohibited Agreements’ of CCP .

On: July 12, 2023

In: Commerce and Industry

Tagged: Competition Commission, enquiry conducted, Fertilizers Manufacturers, Maximum Retail Price, Urea manufacturers

CCP’S ENQUIRY UNCOVERS PRIMA FACIE PRICE FIXING BY UREA PRODUCERS ISLAMABAD An enquiry committee of the Competition Commission of Pakistan (CCP) has concluded its enquiry and recommended the initiation of proceeding under Section 30 of the Competition Act, 2010 against urea manufacturers and the Fertilizers Manufacturers of Pakistan Advisory CouncilRead More →

LHC allow CCP to proceeding cases against Deceptive Marketing Practices CCP as the primary authority responsible for addressing competition-related matters

On: May 20, 2023

In: Commerce and Industry

Tagged: Competition Commission, Deceptive Marketing Practices, English Biscuit, Hilal Foods, Ismail Industries, LHC Multan Bench

ISLAMABAD ( Web News ) The Lahore High Court, Multan Bench, has granted authorization to the Competition Commission of Pakistan (CCP) to recommence proceedings in three cases involving allegations of Deceptive Marketing Practices. This decision comes as a result of the court’s recognition of the CCP as the primary authorityRead More →

Del and Haier were both found to have violated Section 4 of the CCP Act. Del Electronics has issued refunds of penalty amounts/sanctions to 143 dealers Rs. 8,134,000/-

On: May 16, 2023

In: Commerce and Industry

Tagged: Competition Commission, Del and Haier, Out of 451 dealers, Penalty Rs. 8134000/-

ISLAMABAD ( Web News ) On 11 March 2022, the Competition Commission of Pakistan (CCP) passed an order holding that RPM arrangements, including those that limit discounts, fix the price, and/or set a minimum or maximum price floor or ceiling, fall under the purview of Section 4(2)(a) of the CompetitionRead More →

CCP and PTA sign MoU to establish cooperation and collaboration There is an urgent requirement for regulators to collaborate in response to the economic crisis that Pakistan is facing. CCP Chairperson

On: March 3, 2023

In: Commerce and Industry

Tagged: Competition Commission, ICT technologies, Mr. Muhammad Naveed, Ms. Rahat Kaunain, Telecom Authority

CCP, PTA SIGN MOU TO ESTABLISH COOPERATION AND COLLABORATION ISLAMABAD ( Web News ) The Competition Commission of Pakistan (CCP) and Pakistan Telecommunication Authority (PTA) and today signed a Memorandum of Understanding (MoU) to establish cooperation and collaboration in areas of mutual interest. The signing ceremony was held at theRead More →

Mobile app were offering nano-loans without fulfilling the legal requirements laws. As per the initial findings, these applications have well over 10 million downloads by the general public

On: December 23, 2022

In: Breaking News

Tagged: Competition Commission, Google Playstore, Mobile Apps, NBMFC law, Personal loans

ISLAMABAD The Competition Commission of Pakistan (CCP) has taken notice of the various emerging concerns regarding mobile applications on Google Playstore offering nano/micro personal loans to vulnerable customers, mostly belonging to the lower to middle income class customers. After the appearance of a news report in a leading newspaper, aRead More →

CCP Take action against PESCO for abusing its dominant position. An enhanced fee from PKR 10 per pole to PKR 100 per pole as compared to basic TV cable operators without any legitimate objective justifications.

On: December 20, 2022

In: Commerce and Industry

Tagged: Competition Commission, Cyber Internet, Nayatel Pvt. Ltd, PESCO, Section 3(3)(b)

ISLAMABAD ( Web News ) The Competition Commission of Pakistan (CCP) has in its Order dated 13 December 2022, found Peshawar Electric Supply Company (PESCO) acting in violation of Section 3 of the Act, i.e., abusing its dominant position. PESCO was dominant in the market for “Right of Way (ROW)Read More →

CCP Penalises paint firm for marketing covid-related deceptive claims Nelson Paint was using deceptive claims in their marketing material that their product provided protection against COVID-19.

On: December 3, 2022

In: Commerce and Industry

Tagged: Competition Commission, deceptive claims, Ms. Rahat Kaunain, Nelson Paint Pakistan, PKR. One Million

ISLAMABAD ( Web News ) The Competition Commission of Pakistan (CCP) has passed an order and keeping in view the commitment and cooperative behaviour, penalised M/s. Nelson Paint Pakistan (Private) Limited with a token penalty in the sum of PKR one (1) million for violation of Section 10 of theRead More →

Online education provider prima facie engaged in deceptive marketing practices. CCP “Teachers can earn Rs. 80,000 to Rs. 250,000 per month; The enquiry found that the disclaimer was not quite clear and noticeable to readers.

On: November 12, 2022

In: Education

Tagged: Competition Commission, enquiry conducted, M/s. British Lyceum, Teachers can earn, violation of Section 10

CCP’S ENQUIRY FINDS ONLINE EDUCATION PROVIDER PRIMA FACIE ENGAGED IN DECEPTIVE MARKETING PRACTICES ISLAMABAD ( Web News ) An enquiry conducted by the Competition Commission of Pakistan (CCP) has found M/s. British Lyceum (Pvt.) Ltd acting prima facie in violation of Section 10 of the Competition Act, 2010. British Lyceum,Read More →

CCP asks firms to refrain from deceptive marketing practices The purpose of the session was to sensitize OICCI member firms on the importance of fair marketing practices

On: November 5, 2022

In: Commerce and Industry

Tagged: Awareness session, Competition Commission, Ms. Rahat Kaunain, OICCI, Unilever Pakistan

ISLAMABAD (Web News ) The Competition Commission of Pakistan (CCP) held a learning and awareness session with the members of Overseas Investors Chambers of Commerce & Industry (OICCI) hosted by one of its members, Unilever Pakistan. The purpose of the session was to sensitize OICCI member firms on the importanceRead More →

Competition Commission (Page 2)

China based company acquires renewable energy firm in Pakistan CCP has granted approval for the acquisition of M/s. SSIL by M/s. CRE International Co., Limited.

CCP & ICAP to Hold Specialised training on Competition Law for ICAP Members CCP and ICAP will jointly have Continuing Professional Development programmes on Competition Law.

CCP’s study recommends measures to enhance SMEs economic efficiency The study recommends reviewing the definition of SMEs in comparison to other regional countries

CCP enquiry uncovers prima face price fixing by urea productions Announcing the ‘Maximum Retail Price’ of urea at Rs 1768 per 50 KG Bag violation of Section 4 ‘Prohibited Agreements’ of CCP .

LHC allow CCP to proceeding cases against Deceptive Marketing Practices CCP as the primary authority responsible for addressing competition-related matters

Del and Haier were both found to have violated Section 4 of the CCP Act. Del Electronics has issued refunds of penalty amounts/sanctions to 143 dealers Rs. 8,134,000/-

CCP and PTA sign MoU to establish cooperation and collaboration There is an urgent requirement for regulators to collaborate in response to the economic crisis that Pakistan is facing. CCP Chairperson

Mobile app were offering nano-loans without fulfilling the legal requirements laws. As per the initial findings, these applications have well over 10 million downloads by the general public

CCP Take action against PESCO for abusing its dominant position. An enhanced fee from PKR 10 per pole to PKR 100 per pole as compared to basic TV cable operators without any legitimate objective justifications.

CCP Penalises paint firm for marketing covid-related deceptive claims Nelson Paint was using deceptive claims in their marketing material that their product provided protection against COVID-19.

Online education provider prima facie engaged in deceptive marketing practices. CCP “Teachers can earn Rs. 80,000 to Rs. 250,000 per month; The enquiry found that the disclaimer was not quite clear and noticeable to readers.

CCP asks firms to refrain from deceptive marketing practices The purpose of the session was to sensitize OICCI member firms on the importance of fair marketing practices

PSO – posts a profit of 13.4 billion in 9MFY24

HEC Introduces New Selection Criteria For Scholarships, MPhil And PhD Programs