The Competition Appellate Tribunal (CAT) has dismissed the appeal filed by M/s Karachi Nimco, confirming a penalty of Rs20 million imposed by the Competition Commission of Pakistan (CCP) for deceptive marketing practices and trademark imitation.
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Only 3% Motor Vehicles Insured Despite Mandatory Law: CCP
Islamabad, April 18, 2025 – In a recent report, the Competition Commission of Pakistan (CCP) has expressed grave concern over the extremely low insurance coverage of motor vehicles in the country.
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CCP Slaps Rs25 Million Penalty on Hyundai Motors for Deception
Islamabad, April 16, 2025 – The Competition Commission of Pakistan (CCP) has imposed a hefty fine of Rs25 million on Hyundai Nishat Motors for deceptive marketing practices surrounding the highly anticipated 2020 launch of its Tucson SUV.
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CCP Approves Acquisition of Hotel Margala by Nishat Hotels
Islamabad, February 22, 2025 – The Competition Commission of Pakistan (CCP) has given its official approval for the acquisition of assets belonging to M/s Hotel Margala Private Limited by M/s Nishat Hotels and Properties Limited.
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CCP Approves 94.8% Stake Acquisition in FINCA Bank
ISLAMABAD, January 13, 2025 – The Competition Commission of Pakistan (CCP) has approved the acquisition of a 94.8% stake in FINCA Microfinance Bank Limited by TPL Corp Limited and ABHI (Private) Limited.
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Aurangzeb Directs CCP to Expedite Action Against Cartelization
Islamabad, December 3, 2024 – The Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, has instructed the Competition Commission of Pakistan (CCP) to expedite its investigations into cartelization and collusive practices, emphasizing the government’s unwavering commitment to fostering competition and disciplining markets.
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CCP Imposes Penalty on Pharma Firm Over Fake Certification
The Competition Commission of Pakistan (CCP) has imposed a hefty fine of Rs. 20 million on a pharmaceutical company for using fraudulent certification for kidney dialysis machines and referred the matter to the Federal Investigation Agency (FIA) for further investigation.
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CCP Concludes Phase-II Review of PTCL’s Telenor Acquisition
The Competition Commission of Pakistan (CCP) has finalized all formalities for the Phase-II review of Pakistan Telecommunication Company Limited’s (PTCL) acquisition of 100% shareholding in Telenor Pakistan Pvt Ltd and Orion Towers Pvt Ltd.
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CCP Greenlights Total Parco Stake Transfer Deal
Islamabad, November 18, 2024 – The Competition Commission of Pakistan (CCP) has approved the acquisition of a 50% stake in Total Parco Pakistan Limited (TPPL) by Aquashore SA, a Switzerland-based company operating under the Gunvor Group. This strategic move further underscores the growing global interest in Pakistan’s dynamic energy sector.
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CCP Approves Hoechst’s Acquisition of Claforan Trademarks
The Competition Commission of Pakistan (CCP) approved on Friday the acquisition of trademarks for the pharmaceutical product Claforan by Hoechst Pakistan Limited from Sanofi Aventis Deutschland GMBH. This acquisition was facilitated through a trademark assignment agreement, marking a significant transaction in Pakistan’s pharmaceutical industry.
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