CCP APPROVES MERGER OF TWO BROKERAGE HOUSES
ISLAMABAD: The Competition Commission of Pakistan (CCP) has approved a Scheme of Arrangement for the merger of M/s. Intermarket Securities Limited (IMS) with M/s. EFG Hermes Pakistan Limited (EFG). M/s.…
CCP Approves Product Supply Agreement between Aramco and GO Petroleum
ISLAMABAD: The Competition Commission of Pakistan (CCP) has granted a time-bound exemption on the relevant clauses of product supply agreement between Aramco Trading (ATC) Fujairah FZE Ltd and Gas &…
CCP Hearing on Collusive Practices of Poultry Companies
ISLAMABAD: The Competition Commission of Pakistan (CCP) conducted a hearing in the poultry cartelization case, wherein the Pakistan Poultry Association (PPA) presented its defence against allegations of price fixing. This…
CCP SIGNS MOU WITH DIRECTORATE OF LEGAL EDUCATION
ISLAMABAD: The Competition Commission of Pakistan (CCP) and the Directorate of Legal Education (DLE) have signed a Memorandum of Understanding (MoU) aimed at raising awareness among law students and lawyers.…
CCP Issues Notices to 12 Beauty Product Firms for Deceptive Marketing Practices
ISLAMABAD: The Competition Commission of Pakistan (CCP) has taken cognizance of deceptive marketing by the beauty products’ manufacturers and issued notices to 12 companies regarding their false and misleading claims.…
CCP Approves Acquisition in Thermal Power Sector
ISLAMABAD: The Competition Commission of Pakistan (CCP) has approved a merger in the thermal power sector. The approved transaction entails the acquisition of 20.97% shareholding of M/s. Orient Power Company…
Competition Commission of Pakistan Initiates Phase 2 Review of PTCL’s Acquisition of Telenor Pakistan
Islamabad: The Competition Commission of Pakistan (CCP) has successfully concluded Phase 1 of its review of Pakistan Telecommunication Company Limited (PTCL)’s acquisition of Telenor Pakistan. This strategic transaction, involving the…
CCP CAUTIONS CONSUMERS ABOUT MULTI-LEVEL MARKETING (MLM) AND PYRAMID SCHEMES
ISLAMABAD: The Competition Commission of Pakistan (CCP) has noticed with great concern that some businesses and individuals are making false and misleading offers of easy money and earning enormously quick…
CCP Conditionally Approves Technology Transfer Agreement between SSGCL and M/s Itron Inc. to Boost Local Gas Meter Manufacturing
ISLAMABAD: The Competition Commission of Pakistan (CCP) has granted a time bound approval to the exemption application for the technology transfer and license agreement between the Sui Southern Gas Company…
CCP Issues Policy Note Recommending Mandatory Disclosure of Manufacturing and Expiry Dates on Cement Packaging
ISLAMABAD: The Competition Commission of Pakistan (CCP) has issued a Policy Note under Section 29 of the Competition Act, 2010 to the Ministry of Science and Technology and Pakistan Standards…
CCP to Conduct Analysis of Insurance Sector Under IMF’s Public Investment Management Assessment (PIMA)
ISLAMABAD: The Competition Commission of Pakistan (CCP) has embarked on a Competition Assessment of the Insurance Sector. This study is being conducted under the IMF’s Public Investment Management Assessment (PIMA)…
CCP Aims to Propose Digital Competition Bill for Pakistani Market
ISLAMABAD: The Competition Commission of Pakistan (CCP) has launched a “Competition Assessment of Digital Markets and Digital Services in Pakistan.” The study aims to understand the impact of digital markets…
CCP WILL SIGN MOU CHINA’S MARKET REGULATOR
ISLAMABAD: China has made significant investments in Pakistan through the China-Pakistan Economic Corridor (CPEC) and various Chinese companies operating in the country. This investment is expected to increase manifold after…
CCP Greenlights Merger Between TPL Life Insurance and Dar Es Salam Textile Mills
ISLAMABAD: The Competition Commission of Pakistan (CCP) has approved the merger of M/s TPL Life Insurance Limited with M/s Dar Es Salam Textile Mills Limited. The approval comes following the…
KOICA and CCP Renews Collaboration to Enhance Competition Law Enforcement
ISLAMABAD: Korea International Cooperation Agency (KOICA) and the Competition Commission of Pakistan (CCP) have agreed to resume their collaboration efforts. KOICA has expressed its commitment to providing full support to…
CCP APPROVES ACQUISITION OF FAUJI CEREALS BUSINESS BY FAUJI FOODS LIMITED
ISLAMABAD: The Competition Commission of Pakistan (CCP) has approved the acquisition of M/s Fauji Foundation’s Fauji Cereals Business by M/s Fauji Foods Limited. The Fauji Foundation, established as a charitable…
CCP Approves Merger, Paving the Way for UDL International Limited’s Listing on Pakistan Stock Exchange
Islamabad: The Competition Commission of Pakistan (CCP) has granted approval for the merger of a listed company, M/s. First UDL Modaraba, with a public unlisted company, M/s. UDL International Limited.…
IBA to Introduce Competition Law Module in Directors Training Program
Islamabad: In the meeting held between the delegates of Competition Commission of Pakistan (CCP) and the Institute of Business Administration (IBA), Karachi, it was agreed to integrate a Competition Law…
CCP AIMS TO CONSTRUCT A STATE-OF-THE-ART HEADQUARTER IN ISLAMABAD
ISLAMABAD: The Design Vetting Committee of the Capital Development Authority (CDA) has officially granted approval for the building plan of the Competition Commission of Pakistan (CCP). This development marks a…
CHINA BASED COMPANY ACQUIRES RENEWABLE ENERGY FIRM IN PAKISTAN
Islamabad: China based M/s. CNNP Rich Energy Co. Ltd. strategically invests in Pakistan’s renewable energy sector through its wholly owned subsidiary M/s. CRE International Co., Limited. The Competition Commission of…