The Competition Commission of Pakistan (CCP) is an independent agency responsible for enforcing economic competition law across Pakistan. Established in 2007, it replaced the earlier Monopoly Control Authority, and its powers now rest on the Competition Act, 2010, which prohibits abuse of a dominant market position, anti-competitive agreements that restrict competition, and deceptive marketing practices. Headquartered in Islamabad, the commission also reviews mergers between companies to identify potential impediments to fair competition and promotes voluntary compliance through advocacy aimed at a competitive market culture that benefits economic efficiency and consumers.
Facts
Geography
Country or Jurisdiction ServedWikidata Q25231156, property P17 (country). Founding Year Headquarters Classification
Institution Subtype In the Other Atlases
- Also in Geography Atlas: Pakistan, located there.
Sources
1. Competition Commission of Pakistan (Wikipedia)
Infobox, Formed
Formed: 2007; 19 years ago (2007)
Infobox, Headquarters
Headquarters: Islamabad
Introduction, institution-subtype-p2
The Competition Commission of Pakistan (CCP) (Urdu: کمپیٹیشن کمیشن آف پاکستان), formerly Monopoly Control Authority, is an independent agency quasi-regulatory, quasi-judicial body of the Government of Pakistan for the enforcement of economic competition laws in Pakistan that helps ensure healthy competition.
View the Source2. Wikidata
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