Role of competition in promoting economic growth discussed

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ISLAMABAD: The Competition Commission of Pakistan (CCP), in collaboration with the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), held an interactive awareness session on competition law.

The session focused on the role of competition in promoting economic growth, investment and consumer welfare, said a press release.

The session was led by Ahmed Qadir, director general advocacy and OIEA, and senior officials including Salman Zafar, Senior Director and Head of the Cartel and Trade Abuse Department, Noman Ahmed, Assistant Director, Mergers and Acquisitions, and Amin Akbar, Assistant Director, Office of Fair Trade.

The event opened with a short video showcasing CCP’s mandate and milestones.

Delivering the keynote address, Ahmed Qadir underlined CCP’s vital role in ensuring open markets and safeguarding consumer interests. He emphasised that fair competition was essential for sustainable economic progress. Salman Zafar walked the audience through key provisions of the law.

He highlighted the commission’s strong enforcement stance and reiterated the importance of collaboration with industry stakeholders like the FPCCI.

FPCCI members showed keen interest on what constitutes abuse of dominance and how prohibited agreements affect businesses and consumers in Pakistan’s economy.

President FPCCI Atif Ikram Sheikh praised CCP’s initiatives and affirmed FPCCI’s support for promoting competitive markets. He noted that a fair and transparent business environment was critical for national economic advancement.

Published in Dawn, May 10th, 2025

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