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Tag Archives: CCP

CCP launches inquiry against Real Estate

Watchdog seeks public evidence as housing societies accused of using fake approvals and Islamabad’s name to mislead investors. BeNewz Report ISLAMABAD: The Competition Commission of Pakistan (CCP) has initiated a formal inquiry into deceptive marketing practices in the real estate sector after uncovering widespread misrepresentation by several housing societies and …

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Anusha quits IT committee amid PTCL-Telenor merger failure

BeNewz Report Former IT minister Anusha Rehman and PMLN leader have resigned from the Senate’s Standing Committee on IT amid deepening controversy over the PTCL-Ufone merger with Telenor Pakistan. Ms Rehman, who is also on the Board of Directors of Ufone, failed to convince his committee fellow members to recommend …

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PTCL-Telenor merger halted amid CCP findings of market abuse

Pakistan’s competition watchdog has flagged major antitrust violations by PTCL, derailing its proposed acquisition of Telenor Pakistan. Aftab Maken The proposed merger between Pakistan Telecommunication Company Limited (PTCL) and Telenor Pakistan has hit a regulatory wall after the Competition Commission of Pakistan (CCP) presented a comprehensive dossier detailing PTCL’s long-standing …

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PTCL merger with Telenor faces CCP financing scrutiny

BeNewz Report Pakistan’s competition regulator has questioned PTCL’s financial capacity to sustain the planned Telenor Pakistan merger, demanding binding investment commitments. The Pakistan Telecommunication Company Limited (PTCL) is under mounting scrutiny from the Competition Commission of Pakistan (CCP) over its planned merger with Telenor Pakistan, as regulators raise doubts about …

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CCP asks PTA to ban Chinese e-commerce app Temu

Aftab Maken Pakistan’s competition watchdog has urged the telecom regulator to block Temu, citing unfair trade practices and threats to local businesses. The Competition Commission of Pakistan (CCP) has formally requested the Pakistan Telecommunication Authority (PTA) to impose a ban on the Chinese e-commerce platform Temu, arguing that its unchecked …

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CCP’s decision against LDI operators upheld

BeNewz Report ISLAMABAD: The Competition Appellate Tribunal has upheld the Competition Commission of Pakistan’s (CCP) decision to penalize Pakistan Telecommunication Company Limited (PTCL) and other Long Distance International (LDI) operators for entering into an anti-competitive International Clearing House (ICH) agreement. The tribunal directed the companies to deposit the fine within …

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Misleading data from Sugar Advisory Board caused sugar crisis

BeNewz Report ISLAMABAD: Federal Minister for Finance Muhammad Aurangzeb was given a comprehensive briefing by the Competition Commission of Pakistan (CCP) on the challenges of promoting competition in the sugar sector and the causes of the recent sugar crisis. The meeting highlighted that inaccurate estimates provided by the Sugar Advisory …

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CCP questions PTCL-Telenor merger plan, seeks more details

Aftab Maken ISLAMABAD: The Competition Commission of Pakistan (CCP) has expressed dissatisfaction with the proposed business plan for the merger of Pakistan Telecommunication Company Limited (PTCL) and Telenor Pakistan  During ongoing proceedings under Section 11(6) of the Competition Act, 2010, the CCP directed PTCL’s management to submit a revised plan …

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Sugar cartel case hearing postponed amid legal maneuvering

Aftab Maken ISLAMABAD: The protracted legal battle surrounding alleged cartelization within the Pakistani sugar industry has taken another turn, with the Competition Commission of Pakistan (CCP) announcing a rescheduling of the rehearing in the case against the Pakistan Sugar Mills Association–PSMA and its numerous member mills. The decision comes in …

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CCP raids transformer suppliers over suspected bid rigging

Staff Report The Competition Commission of Pakistan (CCP) teams has raided the offices of four suppliers involved in the provision of transformer reclamation materials to various power distribution companies (DISCOs). The raids were carried out simultaneously in Lahore and Gujranwala. These companies are suspected of being part of a cartel …

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