April 25, 2024

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Pakistan Revenue

Tag: Competition Commission of Pakistan

CCP directs DHA to give ROW to Nayatel
Jun 8
IT & Telecom

CCP directs DHA to give ROW to Nayatel

KARACHI: Competition Commission of Pakistan (CCP) on Tuesday directed the management of Defence Housing Authority (DHA) – I Islamabad to provide a level playing field for Nayatel by giving right of way (ROW) to provide its cable internet and telephony services on the same terms and conditions as are being offered to other existing operators. […]

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CCP discovers monopoly behind massive increase in poultry prices
May 7
Finance

CCP discovers monopoly behind massive increase in poultry prices

ISLAMABAD: The Competition Commission of Pakistan (CCP) has discovered that monopoly of feed mills resulted massive increase in poultry rates at retail state. A statement on Friday said that the nineteen poultry feed companies have been involved in price coordination and their alleged anti-competitive conduct has caused poultry feed price rise. Poultry feed comprises approximately […]

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CCP raids cement manufacturers association for possible cartelization
Sep 24
Trade & Industry

CCP raids cement manufacturers association for possible cartelization

ISLAMABAD: The Competition Commission of Pakistan (CCP) on Thursday raided the central office of All Pakistan Cement Manufacturers Association (APCMA) and seized suspicious record. In a statement the CCP said that as part of an enquiry launched in May 2020 to investigate the possible anti-competitive activities by the cement manufacturers, carried out a search and […]

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Competition Commission approves 59 mergers, acquisitions in 2019/2020
Jul 3
Stock & Commodity

Competition Commission approves 59 mergers, acquisitions in 2019/2020

ISLAMABAD: The Competition Commission of Pakistan (CCP) has processed and granted approval to 59 merger and acquisition applications during fiscal year 2019-2020, against the annual target of 50, showing the CCP’s promising performance to facilitate the local and foreign investors despite the limitations caused by COVID-19 pandemic. A statement issued on Thursday out of the […]

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Investigation launched against 88 housing schemes
Jan 7
Finance

Investigation launched against 88 housing schemes

ISLAMABAD: Competition Commission of Pakistan (CCP) has initiated investigation against around 88 housing schemes for deceptive marketing practices. In a statement on Monday, the CCP said that it had launched the enquiry while taking notice of the widespread concerns and complaints regarding the prima facie deceptive market practices by various housing schemes in Punjab. The […]

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CCP imposes penalty of Rs75 million on flour mills association for anti-competitive activities
Dec 16
National, Trade & Industry

CCP imposes penalty of Rs75 million on flour mills association for anti-competitive activities

ISLAMABAD: The Competition Commission of Pakistan (CCP) has imposed a penalty of Rs75 million on Pakistan Flour Mills Association (PFMA) for providing a platform to share commercially sensitive information and fixing the quantities of production of wheat flour. The commission took the notice on reports suggesting unusual price hike of wheat flour or wheat atta […]

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