THE preamble to the Competition Act, 2010, prohibits situations that tend to lessen, distort or eliminate competition such as actions constituting an abuse of market dominance, competition-restricting agreements, and deceptive marketing practices.

The Abraaj-led K-Electric Ltd is a blatant example of a vertically integrated private monopoly playing havoc with its customers in the absence of a competitive environment. In spite of the continuous public uproar against K-Electric’s discriminatory and unscheduled loadshedding, overbilling and blatant violations of Nepra orders, the Competition Commission of Pakistan has failed in its primary duty to protect consumers from anti-competitive behaviour of K-electric.

The CCP owes an explation as to why it has ignored K-Electric’s monopoly to the detriment of Karachiites.

Nazim Haji

Karachi

Published in Dawn, May 30th, 2017