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Published 29 May, 2015 07:11am

Competition Commission initiates 16 inquiries

KARACHI: The Office of Fair Trading (OFT) of the Competition Commission of Pakistan (CCP) has recently initiated 16 inquiries against undertakings violating Section 10 of the Competition Act, 2010.

This was stated by Dr Shahzad Ansar, member of Office of Fair Trading (OFT) and Advocacy, while addressing an advocacy session, organised by the CCP at the Quetta Chamber of Commerce and Industry QCCI) on Thursday.

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.

Published in Dawn, May 29th, 2015

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