CCP, PAS join forces to tackle deceptive marketing practices in Pakistan

News Image

MG News | September 06, 2024 at 10:18 AM GMT+05:00

0:00

September 06, 2024 (MLN): The Competition Commission of Pakistan (CCP) and the Pakistan Advertisers Society (PAS) are expanding their collaboration to promote self-regulation, aiming to deter deceptive marketing practices in Pakistan and ensure compliance with competition law.

During the recent visit of PAS's Executive Council to CCP, discussions were held for enhancing collaboration to promote self-regulation and ensure compliance with competition law, particularly in the area of deceptive marketing.

During the meeting, the PAS delegation provided an overview of the role it has been playing in arbitration among its member organizations.

These member organizations represent a diverse range of leading enterprises spanning sectors such as beverages, telecommunications, insurance, automotive, and pharmaceuticals.

Commending PAS's efforts, Salman Amin, Member CCP, encouraged PAS to expand its membership to benefit all sectors of the economy, particularly through the self-regulatory Code that has been developed in compliance with the Competition Law.

He stated that the recent collaboration between the CCP and PAS has added value for the other undertakings also to become the member of the PAS.

These recent collaboration includes the trainings and joint advocacy sessions held for member organisations of PAS.

It was also discussed that, if needed, sector-specific sessions will also be conducted by CCP, with sector specialists and resource persons provided by CCP as well as PAS.

Qamar Abbas, Executive Director of PAS, highlighted that the PAS's membership includes leading local and international brands from various sectors, collectively accounting for 85% of Pakistan’s total advertising expenditure.

He also shared insights into the Code of Advertising Practice (COAP), which has been developed in line with the CCP’s compliance framework, highlighting the significant benefits it has brought to the sector.

He also mentioned that as per the Code, arbitration among its members has, in turn, reduced the need for regulatory intervention by the CCP.

The CCP delegation was represented by the Member CCP along with Mr. Shahzad Hussain, Director General, and Maryam Zafar, Director.

Whereas, PAS was represented by Vice Chair Asima Haq (Unilever), Qamar Abbas (PAS), Arif Aziz (Jazz), Shahzain Munir (English Biscuit Manufacturers), Syed Usman Qaiser (Jubilee Life Insurance), and Afsheen Rizavi (PAS).

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 170,204.58
25.29M
0.44%
752.72
ALLSHR 103,122.67
54.05M
0.55%
567.87
KSE30 51,677.96
8.11M
0.42%
217.31
KMI30 244,745.76
6.77M
0.60%
1455.49
KMIALLSHR 67,387.10
26.48M
0.67%
451.21
BKTi 45,525.01
1.96M
0.18%
82.67
OGTi 33,969.69
2.86M
1.86%
620.57
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 90,160.00 92,800.00
89,575.00
-2625.00
-2.83%
BRENT CRUDE 62.17 62.63
62.11
-0.04
-0.06%
RICHARDS BAY COAL MONTHLY 91.00 0.00
0.00
0.35
0.39%
ROTTERDAM COAL MONTHLY 97.40 0.00
0.00
0.60
0.62%
USD RBD PALM OLEIN 1,016.00 1,016.00
1,016.00
0.00
0.00%
CRUDE OIL - WTI 58.45 58.94
58.39
-0.01
-0.02%
SUGAR #11 WORLD 14.90 15.02
14.66
0.23
1.57%

Chart of the Day


Latest News
December 11, 2025 at 09:27 AM GMT+05:00

Systems Limited sets stage for Confiz takeover


December 11, 2025 at 09:17 AM GMT+05:00

NBP issues foreign exchange rates


December 11, 2025 at 09:15 AM GMT+05:00

OGDC receives Rs41.8bn from Uch Power


December 11, 2025 at 08:25 AM GMT+05:00

MG Morning Breeze: Updates to Skim before Market


December 10, 2025 at 09:43 PM GMT+05:00

SBP raises over Rs1tr through MTBs, PIB auctions



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg