ISLAMABAD, December 10: The Competition Commission of Pakistan (CCP) held the 23rd meeting of Competition Consultative Group (CCG) in Karachi today in which the participants were briefed on the CCP’s advocacy and policy initiatives in e-commerce and SME sectors, the developments on legal fronts and the recent enforcement actions.
The CCP Chairperson, Ms. RahatKaunain Hassan, chaired the meeting, which was attended by the CCP Members Ms. ShaistaBano, Ms. BushraNaz Malik, Mr. Mujtaba Ahmad Lodhi, senior officials, and senior level representation from the regulatory bodies, corporate sector, SMEs, online trading platforms, Pakistan Stock Exchange (PSX), chambers of commerce, and consumer associations. Established in 2008 and recently revived, the CCG is an informal think-tank, which provides a platform to consult with stakeholders on competition-related matters.
Briefing the participants about the CCP’s performance, the Chairperson stated that the pace of enforcement has increased with the imposition of the highest ever penalty of around PKR 40 billion in the sugar sector. Moreover, several key enquiries in important sectors are ongoing. – PR
Competition Consultative Group meeting discusses CCP’s performance, reports on e-commerce and SME sector
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