Competition Commission of Pakistan
The Competition Commission of Pakistan (CCP) is a regulatory authority established under the Competition Act, 2010. Its primary role is to facilitate fair competition in all spheres of commercial and economic activity in Pakistan to enhance economic efficiency and protect consumers from anti-competitive practices.
Location
The headquarters of the Competition Commission of Pakistan is located in Islamabad, the capital city of Pakistan.
Role and Objectives
As a regulatory body, the CCP is responsible for enforcing competition laws, prohibiting deceptive market practices, reviewing mergers and acquisitions to ensure they conform to competition standards, and conducting market inquiries.
Significant Events
In a significant recent development, the CCP uncovered coordinated price increases across the dairy supply chain in Pakistan. The investigation revealed that these price hikes were enforced through pressure tactics aimed at controlling the market prices of dairy products. This finding is crucial as it highlights the anti-competitive practices that are prevalent in the sector, affecting both consumers and fair market operation.
Financial Indicators
Being a government regulatory authority, the CCP is funded by the government of Pakistan. It does not generate revenue as commercial enterprises do, but its economic impact is significant in terms of ensuring fair market practices, thus indirectly facilitating economic growth and consumer welfare.
Future Plans
The CCP has planned to intensify its monitoring and regulatory actions in sectors prone to anti-competitive behavior, with a focus on consumer protection. It also aims to increase public awareness regarding competition laws and the benefits of fair competition. Furthermore, the CCP plans to collaborate with international competition agencies to enhance its operational capacities and adopt best practices in the field.
References
Some information has been corroborated with public announcements and publications from the Competition Commission of Pakistan.
Modified: 2025/05/14