CCP Approves Hoechst’s Acquisition of Claforan Trademarks

Oct 25

Corporate

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.

by Mrs. Anjum Shahnawaz

CCP Takes Action Against Misleading Retailer Discounts

Sep 22

Trade & Industry

CCP Takes Action Against Misleading Retailer Discounts

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.”

by Mrs. Anjum Shahnawaz

CCP Moves to Phase II Analysis in PTCL-Telenor Merger

Aug 20

Corporate, IT & Telecom

CCP Moves to Phase II Analysis in PTCL-Telenor Merger

Islamabad, August 20, 2024 – The Competition Commission of Pakistan (CCP) has initiated a Phase II Merger analysis in response to the proposed merger between Pakistan Telecommunication Company Limited (PTCL) and Telenor Pakistan (Private) Limited.

by Hamza Shahnawaz

CCP Imposes Rs 5 Million Fine on Paint Manufacturer

Aug 16

Trade & Industry

CCP Imposes Rs 5 Million Fine on Paint Manufacturer

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.

by Mrs. Anjum Shahnawaz

Unilever to Appeal Rs 60 Million Fine for Deceptive Advertising

Aug 11

Trade & Industry

Unilever to Appeal Rs 60 Million Fine for Deceptive Advertising

Karachi, Pakistan – Unilever Pakistan has announced its decision to appeal a hefty Rs 60 million fine imposed by the Competition Commission of Pakistan (CCP). The fine, which stems from allegations of misleading advertising claims, specifically targets the marketing of Unilever’s Lifebuoy soap and hand wash products in Pakistan.

by Shahnawaz Akhter

Aug 10

CCP Slaps Rs60M Fine on Unilever Pakistan for Misleading Ads

KARACHI: August 10, 2024 — The Competition Commission of Pakistan (CCP) has imposed a substantial fine of PKR 60 million on Unilever Pakistan for broadcasting deceptive claims in television commercials for its hygiene and cleansing products, namely ‘Lifebuoy (Care and Protect) Soap’ and ‘Lifebuoy Hand Wash.’

by Shahnawaz Akhter

CCP Greenlights EP Group’s Stake Acquisition in Thyssenkrupp

Aug 1

Trade & Industry

CCP Greenlights EP Group’s Stake Acquisition in Thyssenkrupp

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.

by Mrs. Anjum Shahnawaz

CCP Approves UBL’s Acquisition of Wall Street Exchange Assets

Jul 5

Money & Banking

CCP Approves UBL’s Acquisition of Wall Street Exchange Assets

Islamabad, July 5, 2024: In a move set to reshape Pakistan’s cross-border remittance and currency exchange landscape, the Competition Commission of Pakistan (CCP) has approved the acquisition of certain assets of Wall Street Exchange Company (WSE) by UBL Currency Exchange (UCE).

by Mrs. Anjum Shahnawaz

CCP Recovers Rs 5 M Penalty from Pakistan Newspapers Society

Jun 8

National

CCP Recovers Rs 5 M Penalty from Pakistan Newspapers Society

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).

by Mrs. Anjum Shahnawaz

CCP Grants Exemption for Aramco and GO Petroleum Deal

May 21

Energy, Top stories

CCP Grants Exemption for Aramco and GO Petroleum Deal

Islamabad, May 21, 2024 – The Competition Commission of Pakistan (CCP) has granted a time-bound exemption on specific clauses of a product supply agreement between Aramco Trading (ATC) Fujairah FZE Ltd and Gas and Oil Pakistan Ltd (GO Petroleum).

by Hamza Shahnawaz