The Competition Commission of Pakistan (CCP) on Tuesday stated that it is closely monitoring the ongoing sugar crisis and warned that strict enforcement and policy actions will be taken if any anti-competitive activities are found. The CCP has been actively working to curb cartelization in the sugar industry, promoting fair …
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The Competition Commission of Pakistan (CCP) has issued show cause notices to International Steel Limited (ISL) and Aisha Steel Mills Limited (ASML) for alleged cartelization in the flat steel market, says an official release of CCP on Tuesday. An inquiry conducted by the Commission found prima facie evidence suggesting that …
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The Competition Commission of Pakistan (CCP) has passed an order imposing a fine of Rs 60 million on Unilever Pakistan for airing deceptive claims through television commercials for its hygiene and cleansing products, ‘Lifebuoy (Care and Protect) Soap’ and ‘Lifebuoy Hand Wash’. The Commission’s bench has disposed of proceedings about …
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The Competition Commission of Pakistan (CCP) approved a 40% equity stake acquisition in Gas & Oil Pakistan Ltd (GO) by Aramco, a global leader in integrated energy and chemicals. This transaction marks Aramco’s first entry into Pakistan’s fuels retail market, underscoring its confidence in the country’s economic potential and its …
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