Latest news with #CompetitionLaw
Business Recorder
3 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
Jordan News
12-05-2025
- Automotive
- Jordan News
Consumer Complaints Down 13% in First Third of the Year - Jordan News
The number of consumer complaints received by the Consumer Protection Directorate at the Ministry of Industry, Trade, and Supply decreased by 13% during the first third of this year compared to the same period last year, according to figures released by the Ministry. اضافة اعلان Statistics show that the Directorate received a total of 315 complaints during the first third of 2025, compared to 360 complaints during the same period in 2024. Consumer complaints were primarily related to after-sales services, accounting for 157 complaints — nearly 49% of the total. This was followed by complaints about defective goods, which reached 90 complaints or about 29%. As for the top three sectors with the most complaints: First: Services sector with 97 complaints Second: Electrical appliances sector with 82 complaints Third: Automotive sector with 56 complaints Ministry spokesperson Yanal Barmawi stated that the decline in consumer complaints is largely due to awareness campaigns launched by the Ministry to educate citizens on the Consumer Protection Law, issued a few years ago to strengthen market oversight and consumer protection. Barmawi explained in a press statement that the Ministry has closed 209 complaints — 66% of all complaints received since the beginning of the year. Additionally, 24 warnings and 9 violations were issued. He added that the Ministry handles complaints based on applicable legislative provisions, including: Consumer Protection Law No. 7 of 2017 Industry and Trade Law Competition Law Ministerial Decision No. 99 on mandatory vehicle warranties. Barmawi noted that the Ministry receives complaints through various communication channels and works to resolve them in a way that satisfies consumers without harming the rights of providers, in coordination with relevant parties. 'If non-compliant providers fail to resolve the complaints, a formal notice is issued requiring them to rectify the issue within a specified period. If the issue is not resolved, a violation report is filed against them,' he said. The Ministry, through its Consumer Protection Directorate, also monitors markets and misleading advertisements by reviewing suppliers' websites and ensuring they comply with their published advertisements. It follows up on any reports of misleading ads and works to correct violations. Additionally, joint inspection campaigns are conducted with related authorities to oversee commercial establishments and providers. Barmawi also emphasized the Ministry's role in public awareness, which includes launching campaigns and awareness activities in collaboration with relevant entities. Among the key consumer tips are: obtaining a detailed purchase invoice and clear warranty terms, testing and inspecting items before buying (regardless of their type), and requesting the supplier's contact information when possible. Consumers can file complaints through the 'Bekhedmtkom' platform, the Ministry's official website, its Facebook page, or via WhatsApp at 0797527819. It's worth noting that Article (3) of Consumer Protection Law No. 7 of 2017 outlines the rights of consumers, including access to goods and services that meet their intended purpose without harming their interests or health, and access to complete and accurate information about the product or service and its sale conditions. The core tasks of the Consumer Protection Directorate include receiving and verifying complaints from consumers or consumer protection associations, monitoring misleading advertisements, and taking necessary action to address violations.
Business Recorder
09-05-2025
- 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
Argaam
19-03-2025
- Business
- Argaam
GAC seeks public input on draft to enhance competition in food delivery platforms sector
The General Authority for Competition (GAC) invited public input on the draft guideline to enhance competition in the food delivery platforms sector through the Istitlaa platform, with voting set to close on April 12. The project aims to regulate the activities of food delivery platforms in accordance with the Competition Law, its executive regulations, and the rules and instructions designed to ensure the protection and promotion of fair competition. It also seeks to combat and prevent monopolistic practices that may affect legitimate competition or harm consumer interests. According to the project, the abuse of a dominant position by food delivery apps is prohibited, including practices such as predatory pricing, selling below cost, discrimination between sellers, exclusive contracts between platforms and sellers, and self-preferencing that disrupts fair competition principles and excludes competitors.
Jordan Times
12-03-2025
- Business
- Jordan Times
Lower House refers 2025 draft amendment to Competition Law for further review
The Lower House convenes a monitoring session on Wednesday, presided over by Speaker Ahmed Safadi and attended by the government team, to address parliamentary inquiries and review the government's responses (Petra photo) Labour minister says 43,333 beneficiaries of national employment programme, 32,339 job opportunities available Jordan's per capita water supply to drop without National Water Carrier Project - minister AMMAN — The Lower House convened a monitoring session on Wednesday, presided over by Speaker Ahmed Safadi and attended by the government team, to address parliamentary inquiries and review the government's responses. During the session, the House referred the 2025 draft amendment to the Competition Law to the Parliamentary Investment Committee for further discussion. The proposed amendments aim to strengthen market competition and improve enforcement mechanisms in line with international best practices, the Jordan News Agency, Petra, reported. Key changes include restructuring the Competition Directorate at the Ministry of Industry, Trade, and Supply into an independent Competition Protection Department, which will report directly to the minister and be led by a director-general. Labour Minister Khalid Bakar responded to a question from MP Khalid Bani Atiyah regarding the National Employment Programme. The minister said that 43,333 individuals have benefited from the initiative so far, with 32,339 job opportunities currently available. The discussion focused on maximising the programme's benefits for Jordanian citizens and private sector companies. Minister of Water and Irrigation Raed Abul Saud responded to a question from MP Nour Abu Ghosh regarding the National Water Carrier Project, saying that completing the project would raise the per capita water share to 90 cubic metres annually. Abul Saud also warned that Jordan's per capita water share, currently at 61 cubic metres per year, could drop to 30 cubic metres if the National Water Carrier Project is not implemented. He noted that with the National Water Carrier and the Water Loss Reduction Programme in place, water wastage could be cut to just 2 per cent of total consumption, provided necessary measures were enforced, the Jordan News Agency, Petra, reported. Abul Saud underscored the urgency of addressing water losses, as they directly impact citizens' access to water. He stressed the ministry's commitment to enhancing water sustainability and ensuring a secure drinking water supply for all Jordanians. Highlighting Jordan's status as one of the world's most water-scarce countries, he noted the Kingdom's heavy reliance on groundwater due to limited surface water resources.
