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CCP initiates 16 inquiries

byCustoms Today Report
29/05/2015
in Business
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KARACHI: The Competition Commission of Pakistan’s (CCP) Office of Fair Trading (OFT) has initiated 16 inquiries against undertakings violating Section 10 of the Competition Act, 2010.

OFT Member Dr Shahzad Ansar said this, while addressing an advocacy session, organised by the CCP at the Quetta Chamber of Commerce and Industry QCCI).

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During the awareness session with the QCCI, the member OFT also disclosed that it has completed nine inquiries and also issued 27 show-cause notices.

The advocacy session was attended by President QCCI Moosa Khan Kakar, vice president Naseebullah Achakzai and members of the chamber. Dr Shahzad Ansar gave a presentation on the performance of the OFT while CCP member legal, cartel and trade abuses, Ikram Ul Haque Qureshi, gave a detailed overview of the Competition Act 2010 and the enforcement measures being taken by the CCP.

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