The Competition Commission of Pakistan (CCP) held a seminar at the Karachi Chamber of Commerce & Industry (KCCI) today as part of the National Road Show on Competition Law.
The seminar was attended by President KCCI Younus Muhammad Bashir, CCP Members Shahzad Ansar, Ikram Ul Haque Qureshi, Mueen Batlay, Director General International Affairs Ahmed Qadir and Director Advocacy & Media Asfandyar Khattak, KCCI senior vice president, vice president, members of the executive committee and the business community in large number. After travelling to the 10 major cities of Punjab and Khyber Paktunkhawa, the Road Show has started creating awareness in Sindh and after Karachi, seminars will be held in Hyderabad and Sukkur. The participants of the seminar were briefed on the importance of Competition Law enforcement for creating a level playing field for businesses, the salient features of the law, and the benefits drawn by the consumers after getting protected from anti-competitive practices. The President KCCI Younus Muhammad Bashir in his welcome speech said that fair competition fosters economic growth and creates the best possible conditions for businesses. He stressed the need to create awareness about the Competition Law and he also offered the platform of KCCI for this purpose. Ikram Ul Haque Qureshi, Member CCP, in his presentation explained the substantive provisions of the Competition Act, 2010 and briefed the participants on the do’s and don’ts under the Competition Law. He said the Competition Law creates a level playing field for all businesses by removing entry barriers and discouraging discriminatory policies. He urged the business community to approach the CCP to assist CCP in identifying competition issues. DG International Affairs CCP, Ahmed Qadir briefed the participants on the concept of Competition as evolved internationally and informed that over 120 countries of the world have adopted modern competition laws. In the interactive session, the participants highlighted various competition issues and urged CCP to play its role for their resolution.
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