June 07, 2024 (MLN): The Competition Commission of Pakistan (CCP) held an exclusive session on Competition Law for UK Alumni, providing an opportunity to engage directly with the Commission and gain insights into the core components of Competition Law.
The participants included seasoned professionals from different sectors who graduated from UK based various universities. Officials from academia, legal fraternity, banking, and public & private sector entities attended the session.
Dr. Kabir Ahmed Sidhu (Chairman, CCP) while addressing the alumni emphasized on policing the cartel to enhance competition in various sectors of the economy.
Dr. Sidhu further said that the CCP strives to ensure free and fair competition to open up sectors, leading to better services and products for the consumers.
Mr. Salman Amin (Member, CCP), and Louie Dane (Senior Economic Advisor) from the British High Commission also attended the session.
The event discussed the relevant provisions of the Competition Law pertaining to prohibited agreements, abuse of dominance, deceptive marketing practices, and mergers & acquisitions.
Presentations were given by Ahmed Qadir (DG, Competition Policy) and Ms. Maryam Zafar (Senior Joint Director, CCP).
Salman Amin (Member, CCP) thanked the participants for raising important questions on Pakistan’s regulatory environment.
Louie Dane (Senior Economic Advisor, British High Commission) in his closing remarks highlighted the shared linkages of around 1.6 million UK-based Pakistani population.
He further underscored the importance of a healthy competition regime in Pakistan’s overall economic trajectory yielding to enhanced productivity with lower prices but improved technology.
