Competetion Commission of Pakistan
| The Competition Commission of Pakistan | PRESENTED TO: SIR NAJAF | | Fatima Mustjab | |
Presented By: * Sidra Tariq:BC100003 * Hira Khan:BC10037 * Faiza Awan:BC10042 * Iqra Shazadi:BC10046 * Aleena Tariq:BC10104 (eve) * Fatima Mustjab:BC10105(eve)
CCP Introduction
The Competition Commission of Pakistan (CCP) was established on 2 October 2007 under the Competition Ordinance, 2007 which was later transformed into Competition Act 2010. With competition and consumer protection jurisdiction in broad sectors of the economy, the Commission deals with issues that touch the economic life of every Pakistani.
About CCP…..
The Act sets out the principles and norms of sound competitive behavior as well as the manner in which these norms are to be enforced. It provides a legal framework in which a business environment based on healthy competition towards improving economic efficiency, developing competitiveness and protecting consumers from anti-competitive practices is to be created.
The Competition Commission of Pakistan (CCP) is an independent quasi-regulatory, quasi-judicial body that helps ensures healthy competition between companies for the benefit of the economy.
The Commission prohibits abuse of a dominant position in the market, certain types of anti-competitive agreements, and deceptive market practices. It also reviews mergers of undertakings that could result in a significant lessening of competition. Combined with its advocacy efforts, the Commission seeks to promote voluntary compliance and develop a ‘competition culture’ in the economy.
The Competition Commission of Pakistan (CCP) was established on 2 October 2007 under the Competition Ordinance, 2007, which was re-promulgated in November 2009. Major aim of this Ordinance was to provide for a legal framework to create a business environment based on healthy competition for improving economic efficiency, developing competitiveness and protecting consumers from
Presented By: * Sidra Tariq:BC100003 * Hira Khan:BC10037 * Faiza Awan:BC10042 * Iqra Shazadi:BC10046 * Aleena Tariq:BC10104 (eve) * Fatima Mustjab:BC10105(eve)
CCP Introduction
The Competition Commission of Pakistan (CCP) was established on 2 October 2007 under the Competition Ordinance, 2007 which was later transformed into Competition Act 2010. With competition and consumer protection jurisdiction in broad sectors of the economy, the Commission deals with issues that touch the economic life of every Pakistani.
About CCP…..
The Act sets out the principles and norms of sound competitive behavior as well as the manner in which these norms are to be enforced. It provides a legal framework in which a business environment based on healthy competition towards improving economic efficiency, developing competitiveness and protecting consumers from anti-competitive practices is to be created.
The Competition Commission of Pakistan (CCP) is an independent quasi-regulatory, quasi-judicial body that helps ensures healthy competition between companies for the benefit of the economy.
The Commission prohibits abuse of a dominant position in the market, certain types of anti-competitive agreements, and deceptive market practices. It also reviews mergers of undertakings that could result in a significant lessening of competition. Combined with its advocacy efforts, the Commission seeks to promote voluntary compliance and develop a ‘competition culture’ in the economy.
The Competition Commission of Pakistan (CCP) was established on 2 October 2007 under the Competition Ordinance, 2007, which was re-promulgated in November 2009. Major aim of this Ordinance was to provide for a legal framework to create a business environment based on healthy competition for improving economic efficiency, developing competitiveness and protecting consumers from