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Tag: Competition Commission of Pakistan

competition

CCP Grants Exemption for Aramco and GO Petroleum Deal

May 21, 2024May 21, 2024Hamza Shahnawaz

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).

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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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competition

CCP Examines Request for PTCL and Telenor Merger

March 26, 2024March 26, 2024Mrs. Anjum Shahnawaz

Islamabad, March 26, 2024 – The Competition Commission of Pakistan (CCP) has announced its examination of the proposed merger between Pakistan Telecommunication Company Limited (PTCL) and Telenor, aiming to address concerns and ensure transparency in the process.

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competition

Pakistan Okays Microfinance Bank Acquisition by Dutch Company

March 14, 2024March 14, 2024Mrs. Anjum Shahnawaz

Islamabad, March 14, 2024 – Pakistan has given the green light for the acquisition of a local microfinance bank by a Dutch-based holding company, marking a significant development in the country’s financial landscape.

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competition

CCP Approves Saudi-Based Mergers in Steel Sector

February 24, 2024February 24, 2024Faisal Shahnawaz

Islamabad, February 24, 2024 – The Competition Commission of Pakistan (CCP) has given the green light to three pivotal mergers involving the Saudi Iron and Steel Company (Hadeed), a major player in Pakistan’s steel market.

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engro fertilizer

Fertilizer Companies Manipulate Prices, CCP Recommends Action

July 12, 2023July 12, 2023Faisal Shahnawaz

Islamabad, July 12, 2023 – The Competition Commission of Pakistan (CCP) has uncovered evidence of price manipulation by fertilizer companies, resulting in substantial profits at the expense of farmers and consumers.

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