ISLAMABAD: The Global Competition Review (GCR) has maintained the three star status for the Competition Commission of Pakistan (CCP) for its consistent performance in the annual ranking of the world’s top antitrust competition authorities.

The Rating Enforcement is the annual ranking of the world’s leading competition authorities that provides an extensive evaluation of their performance and how they compare with each other. The three-star rating out of five, keeps the CCP on a par with the competition authorities of Turkey, Portugal, Switzerland, Sweden, Singapore, Poland, New Zealand, Austria and Mexico. Pakistan and India are the only two countries from South Asia included in the Rating Enforce­ment 2017, with the Competition Commission of India (CCI) remaining a two-star agency.

The maximum rating is 5-stars, which has been given to the developed agencies of the world such as the US Federal Trade Commis­sion, France’s Competi­tion Autho­rity, Germany’s Federal Cartel Office, Korea’s Fair-Trade Com­mis­­sion, and US Department of Justice Antitrust Division.

Published in Dawn, August 22nd, 2017