CCP, PICG expand collaboration to include competition law in training programs

June 03, 2024 (MLN): The Competition Commission of Pakistan (CCP) and Pakistan Institute of Corporate Governance (PICG) have agreed to broaden the canvas of their collaboration with the inclusion of competition law modules in other PICG trainings in addition to the existing Directors Training Program (DTP).

In the meeting held between senior officials of CCP and PICG in Karachi, it was discussed that competition law provides enabling environment and level playing field to all stakeholders in the economy.

The decision-makers, board members, entrepreneurs, corporate managers, and officials of state-owned enterprises need to have a good understanding of the Competition Law.

During the meeting, PICG officials apprised that they are launching an ESG Executive Track Programme soon that will comprise of mandatory as well as optional modules.

This programme is globally acknowledged to enhance the knowledge and capacities of participants at the mid-career level too.

It was discussed that existing collaboration between CCP and PICG will further expand and CCP will assist PICG in developing modules and will also provide resource persons to impart the trainings on modules pertaining to deterring deceptive marketing, process of reviewing mergers & acquisitions, the criteria for granting exemptions, and agreements that are prohibited under the completion law.

The CCP and PICG officials appreciated that awareness on Competition Law has largely increased by inclusion of modules in DTPs and will further amplify through ESG programme.

Meeting also discussed that case study based modules will be incorporated in upcoming DTPs and other PICG trainings on Competition Law.

It was highlighted that CCP is committed to foster competition in all sphere of economic activities and is working closely with stakeholders like PICG, to create the awareness on competition law which will translate into benefits for the undertakings and economy at large.

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