Competition Commission
The Competition Commission of Pakistan (CCP) is a regulatory body responsible for promoting and protecting competition in Pakistan’s economy. It was established in 2007 under the Competition Act, 2010, which was enacted to prevent practices that have the effect of preventing, restricting, or distorting competition in any market in Pakistan.
The CCP has the authority to investigate and address anticompetitive conduct, such as price fixing, bid rigging, and market allocation, as well as to review and approve mergers and acquisitions to ensure they do not create or enhance a dominant position in any market.
At our law firm, we specialize in providing expert legal guidance and representation to clients in all matters related to competition law and policy in Pakistan. Our team of attorneys has a deep understanding of the country’s competition commission and its regulations, and we are committed to helping businesses navigate this complex area of law.
Our services in this area include:
– Advising on competition law compliance and risk management
– Representing clients in investigations and proceedings before the competition commission
– Assisting with the preparation and submission of merger notifications
– Advising on competition law issues related to intellectual property
– Representing clients in appeals of competition commission decisions
The CCP also has the power to impose fines and penalties on firms found to be engaging in anticompetitive conduct, as well as to order the divestiture of assets or the dissolution of firms in certain cases.
In addition to its enforcement powers, the CCP also has the mandate to promote competition in various sectors of the economy through advocacy and education initiatives.
Overall, the Competition Commission of Pakistan plays a crucial role in ensuring a fair and competitive marketplace in the country, which benefits both consumers and businesses alike.
