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CCP holds awareness session on Competition Law for IIUI students
CCP holds awareness session on Competition Law for IIUI students

Business Recorder

time3 days ago

  • Business
  • Business Recorder

CCP holds awareness session on Competition Law for IIUI students

ISLAMABAD: An awareness session on 'Competition Law in Pakistan' was held at the Competition Commission of Pakistan (CCP) Headquarters for the students of School of Economics, International Islamic University, Islamabad (IIUI). Moderated by CCP's Deputy Director of Advocacy, Raja Taimur Hassan, the session commenced with a brief video showcasing the CCP's role, followed by a detailed presentation on Competition Law by Ahmed Qadir, Director General. Ahmed Qadir explained the fundamental of Competition Law, including those related to the cartelization, abuse of dominant position, deceptive marketing, prohibited agreements and mergers & acquisitions, to the students. He supplemented his presentation with case studies to demonstrate practical enforcement of competition law. He also highlighted the important role that Competition Law plays in fostering fair market practices, which are critical for economic growth. Students took keen interest and posed numerous questions regarding Competition Law and the work of the Commission, which were addressed by the officials of the Commission. Dr Babar Amin, Lecturer at the School of Economics, IIUI, commended the session, describing it as a crucial basis for students' comprehension of market dynamics and Pakistan's regulatory frameworks that govern and guide economic activity. Copyright Business Recorder, 2025

CCP holds awareness session on Competition Law: ‘Fair competition a must for sustainable economic progress'
CCP holds awareness session on Competition Law: ‘Fair competition a must for sustainable economic progress'

Business Recorder

time09-05-2025

  • Business
  • Business Recorder

CCP holds awareness session on Competition Law: ‘Fair competition a must for sustainable economic progress'

ISLAMABAD: The Competition Commission of Pakistan (CCP), in collaboration with the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Islamabad, held an interactive awareness session on Competition Law. The session focused on the role of competition in promoting economic growth, investment, and consumer welfare. The session was led by Ahmed Qadir, Director General Advocacy and OIEA, and senior officials including Salman Zafar, Senior Director and Head of the Cartel and Trade Abuse Department, Mr. Noman Ahmed, Assistant Director, Mergers & Acquisitions, and Amin Akbar, Assistant Director, Office of Fair Trade. The event opened with a short video showcasing CCP's mandate and milestones. Delivering the keynote, Ahmed Qadir underlined CCP's vital role in ensuring open markets and safeguarding consumer interests. He emphasized that fair competition is essential for sustainable economic progress. Salman Zafar walked the audience through key provisions of the law. He highlighted the Commission's strong enforcement stance and reiterated the importance of collaboration with industry stakeholders like FPCCI. The FPCCI members showed keen interest on what constitutes abuse of dominance and how prohibited agreements affect businesses and consumers in Pakistan's economy. Atif Ikram Sheikh, President FPCCI, praised CCP's initiatives and affirmed FPCCI's support for promoting competitive markets. He noted that a fair and transparent business environment is critical for national economic advancement. He also urged the government to improve the business climate by streamlining regulations. The CCP and FPCCI have reached an agreement to collaborate in the future and to conduct similar sessions for the members of the FPCCI. During the Q&A segment, FPCCI members raised sector-specific queries covering agriculture, automobiles, edible oil, plastics, and furniture. The CCP officials addressed each concern in detail, reinforcing the Commission's commitment to stakeholder engagement and market transparency. Copyright Business Recorder, 2025

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