Aftab Maken ISLAMABAD: The Competition Appellate Tribunal (CAT) has dismissed a set of long-pending appeals filed by several leading banks and the Pakistan Banks Association (PBA), thereby upholding penalties of approximately Rs 205 million imposed by the Competition Commission of Pakistan (CCP) in the Enhanced Savings Account (ESA) cartel case. …
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Aftab Maken ISLAMABAD: Prime Minister Shehbaz Sharif has appointed Dr. Kabir Ahmed Sidhu as the new Chairman of the Securities and Exchange Commission of Pakistan (SECP). An official notification to this effect has been issued. Dr. Kabir Sidhu is currently serving as Chairman of the Competition Commission of Pakistan (CCP) …
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Aftab Maken ISLAMABAD: The Competition Commission of Pakistan (CCP) has imposed a penalty of Rs 150 million on Mezan Beverages (Private) Limited. The company was found to have imitated the packaging and trade dress of PepsiCo’s Sting energy drink, thereby engaging in deceptive marketing practices in violation of Section 10 …
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BeNewz Report ISLAMABAD: The Competition Commission of Pakistan (CCP) has received requests from major private school systems seeking additional time to submit their replies to the show-cause notices. The proceedings relate to alleged violations of Section 4 of the Competition Act, 2010 concerning abuse of dominant position, requiring parents to …
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Aftab Maken ISLAMABAD: The Competition Commission of Pakistan (CCP) teams has conducted raids on three entities linked with the out-of-home media advertising market in Lahore. The raids were carried out as part of an inquiry into alleged cartelization, price fixing, and coordinated bid decisions in the sector. Out-of-home (OOH) advertising …
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BeNewz Report ISLAMABAD: The Competition Commission of Pakistan (CCP) has issued show-cause notices to ten sugar mills in Punjab for allegedly colluding to delay the start of the crushing season and fix the sugarcane procurement price at Rs 400 per maund. CCP’s preliminary review found that on November 10, 2025 …
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Beaconhouse School System, The City School, Headstart, Lahore Grammar School (LGS), Froebel’s, Roots International, Roots Millennium, KIPS, Allied Schools, Super Nova, Dar-e-Arqam, STEP School, Westminster International, United Charter School, and The Smart School, Aftab Maken ISLAMABAD: The Competition Commission of Pakistan (CCP) has issued show cause notices to seventeen major …
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IHC rules Competition Commission has full powers across all economic sectors Aftab Maken ISLAMABAD: The Islamabad High Court (IHC) has dismissed petitions filed by several telecom companies against the Competition Commission of Pakistan (CCP), reaffirming that the commission possesses complete authority to conduct inquiries and take action across all sectors …
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BeNewz Report The Competition Commission of Pakistan (CCP) has announced a nationwide crackdown on companies producing and marketing skin whitening creams containing hazardous levels of mercury, in a major step toward consumer protection and fair competition in the cosmetics industry. According to a statement issued on Tuesday, the CCP’s Office …
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Aftab Maken The Competition Commission of Pakistan (CCP) has imposed fines exceeding Rs1.56 billion on Aisha Steel Mills Limited (ASML) and International Steels Limited (ISL) for collusion, artificial price hikes, and distorting market competition in violation of national competition laws. In a landmark ruling issued by a two-member CCP bench …
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