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Tag: CCP

competition

CCP Approves Hoechst’s Acquisition of Claforan Trademarks

October 25, 2024October 25, 2024Mrs. Anjum Shahnawaz

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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competition

CCP Takes Action Against Misleading Retailer Discounts

September 22, 2024September 22, 2024Mrs. Anjum Shahnawaz

The Competition Commission of Pakistan (CCP) has taken steps to address deceptive discount advertising practices among retailers, issuing notices to 20 brands involved in misleading “up to a percentage” discount offers during their “End of Season Sales.”

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competition

CCP Imposes Rs 5 Million Fine on Paint Manufacturer

August 16, 2024August 16, 2024Mrs. Anjum Shahnawaz

Islamabad, August 16, 2024 – In a significant move to protect consumer rights, the Competition Commission of Pakistan (CCP) has levied a Rs 5 million penalty on M/s Diamond Paint Industries (Pvt) Ltd.

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competition

CCP Greenlights EP Group’s Stake Acquisition in Thyssenkrupp

August 1, 2024August 1, 2024Mrs. Anjum Shahnawaz

Islamabad, August 1, 2024 – The Competition Commission of Pakistan (CCP) has approved a significant merger in the steel industry with international implications, involving the EP Corporate Group (EPCG) acquiring over 20% shares from the German industrial conglomerate Thyssenkrupp.

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competition

CCP Recovers Rs 5 M Penalty from Pakistan Newspapers Society

June 8, 2024June 8, 2024Mrs. Anjum Shahnawaz

To uphold fair competition, the Competition Commission of Pakistan (CCP) has successfully recovered a Rs 5 million penalty from the All Pakistan Newspapers Society (APNS).

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competition

CCP Probes Deceptive Tactics by Cosmetics Manufacturers

May 12, 2024May 12, 2024Mrs. Anjum Shahnawaz

The Competition Commission of Pakistan (CCP) has launched an investigation into deceptive marketing practices by beauty products manufacturers, issuing notices to 12 companies for false and misleading claims.

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competition

CCP Proposal of Expiry Date on Cement Bags Endorsed

May 2, 2024May 2, 2024Mrs. Anjum Shahnawaz

Islamabad, May 2, 2024 – The Ministry of Science and Technology (MoST) has supported a recommendation from the Competition Commission of Pakistan (CCP) to revise national cement standards to include manufacturing and expiry dates on cement bags.

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competition

CCP Recommends Printing Expiry Date on Cement Bags

April 16, 2024April 16, 2024Hamza Shahnawaz

Islamabad, April 16, 2024 – In a bid to enhance consumer protection and promote transparency in the cement industry, the Competition Commission of Pakistan (CCP) has advocated for the mandatory printing of expiry dates on cement bags.

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competition

CCP Launches Competition Assessment of Digital Markets

April 6, 2024April 6, 2024Mrs. Anjum Shahnawaz

Islamabad, April 5, 2024 – The Competition Commission of Pakistan (CCP) has announced the launch of a comprehensive study titled “Competition Assessment of Digital Markets and Digital Services in Pakistan.”

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competition

CCP Issues Notices to Fertilizer Manufacturers for Price Fixing

April 2, 2024April 2, 2024Mrs. Anjum Shahnawaz

Islamabad, April 2, 2024 – The Competition Commission of Pakistan (CCP) has taken decisive action against the Fertilizer Manufacturers of Pakistan Advisory Council (FMPAC) and six major fertilizer companies for allegedly engaging in price fixing practices regarding urea, a move that could have far-reaching consequences for both farmers and consumers.

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