CCP, FPCCI conduct session on promoting fair competition

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MG News | May 08, 2025 at 04:22 PM GMT+05:00

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May 08, 2025 (MLN): 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.

Led by Mr. Ahmed Qadir, Director General Advocacy and OIEA, and senior officials including Mr. Salman Zafar, Senior Director and Head of the Cartel and Trade Abuse Department, Mr. Noman Ahmed, Assistant Director, Mergers & Acquisitions, and Mr. Amin Akbar, Assistant Director, Office of Fair Trade, the session opened with a short video showcasing CCP’s mandate and milestones.

Delivering the keynote, Mr. 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, as per the press release issued today.

Mr. Salman Zafar guided the audience through key provisions of the law, highlighting the Commission’s strong enforcement stance and the importance of collaboration with industry stakeholders like FPCCI.

FPCCI members showed keen interest in issues such as abuse of dominance and the impact of prohibited agreements on businesses and consumers.

Mr. Atif Ikram Sheikh, President FPCCI, praised CCP’s initiatives and affirmed FPCCI’s support for promoting competitive markets.

He emphasized that a fair and transparent business environment is critical for national economic advancement and called on the government to improve the business climate by streamlining regulations.

The CCP and FPCCI have agreed to collaborate further and conduct similar sessions for FPCCI members.

During the Q&A segment, members raised sector-specific queries covering agriculture, automobiles, edible oil, plastics, and furniture, which were addressed in detail by CCP officials, reinforcing the Commission’s commitment to stakeholder engagement and market transparency.

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