Islamabad

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

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

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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