CCP Cracks Down on Fertilizer Cartel: Rs375 Million Fine Imposed

By Sufyan Sohail ⏐ 6 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The Competition Commission of Pakistan (CCP) has imposed significant fines totalling Rs375 million on six major urea fertiliser manufacturers and their industry associations for engaging…

15 Crore Fine Imposed on Famous Housing Society

By Sufyan Sohail ⏐ 6 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The Competition Commission of Pakistan (CCP) has taken action against deceptive marketing practices in the real estate sector. They have imposed a hefty fine of…

CCP Recovers Rs10 Million Penalty from PIA for Hajj Fare Hike Abuse

By Tech Desk ⏐ 8 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

ISLAMABAD: The Competition Commission of Pakistan (CCP) has successfully recovered a Rs10 million CCP penalty on PIA, originally imposed in 2009 for abusing its market…

Local Sellers in Pakistan Demand Urgent Action Against Temu Over Alleged Harm to Small Businesses

By Tech Desk ⏐ 8 months ago ⏐ Newspaper Icon Newspaper Icon 3 min read

Islamabad: A group of local sellers has submitted a grievance against the international e-commerce platform Temu, urging the Competition Commission of Pakistan to investigate the…

Engro Secures CCP Approval for $563 Million Deal to Acquire Jazz’s Deodar Tower Assets

By Tehniyat Zafar ⏐ 8 months ago ⏐ Newspaper Icon Newspaper Icon 3 min read

The Competition Commission of Pakistan (CCP) has granted approval for Engro Corporation’s acquisition of Deodar (Pvt.) Ltd., the tower subsidiary of Pakistan Mobile Communications Limited…

Fly Jinnah & Air Arabia Secure CCP Approval to Launch ‘Fly Jinnah T3 Flight Academy’ in Pakistan

By Tech Desk ⏐ 9 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Islamabad: The Competition Commission of Pakistan (CCP) has approved a joint venture between Fly Jinnah Services (Private) Limited and Air Arabia Academy LLC. The two…

CAT Upholds CCP’s Decision, Rejects Dairy Association’s PKR 500,000 Appeal

By Tech Desk ⏐ 9 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

ISLAMABAD: The Competition Appellate Tribunal (CAT) has resumed hearings after an eight-month hiatus and, in its first session, dismissed the appeal filed by the Dairy…

Pakistan’s CCP Approves NLC-DP World Joint Venture to Boost Logistics Sector

By Huma Ishfaq ⏐ 9 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

ISLAMABAD: The Competition Commission of Pakistan (CCP) has granted approval for the National Logistics Corporation (NLC) to acquire a 60% stake in DP World Logistics…

CCP Approves Bazaar Technologies’ Acquisition of Wemsol

By Tehniyat Zafar ⏐ 9 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The Competition Commission of Pakistan (CCP) has granted approval to Bazaar Technologies (Private) Limited for the acquisition of 100% shareholding in Wemsol (Private) Limited. The…

ABHI and TPL Corp Relaunch FINCA Under the New Identity of ABHI Microfinance Bank

By Tehniyat Zafar ⏐ 9 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

ABHI, in collaboration with TPL Corp Limited, has officially rebranded FINCA Microfinance Bank as ABHI Microfinance Bank following the acquisition of its stake. The relaunch…

Shareholders Approve Silkbank-UBL Merger, Awaiting Final Approval

By Huma Ishfaq ⏐ 10 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The merger between Silkbank Limited and United Bank Limited (UBL) has been legally accepted by the shareholders of both banks under the Scheme of Amalgamation.…

CCP Flags Transparency Issues in PTCL-Telenor Merger Review

By Tehniyat Zafar ⏐ 10 months ago ⏐ Newspaper Icon Newspaper Icon 3 min read

Islamabad: State Minister for Information Technology and Telecommunication Shaza Fatima Khawaja informed the National Assembly on Friday that the Competition Commission of Pakistan (CCP) had…

SECP Denies Allegations of Delaying Ufone-Telenor Merger, Clarifies Regulatory Role

By Tech Desk ⏐ 10 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Islamabad: The Securities and Exchange Commission of Pakistan (SECP) has officially denied reports suggesting that it is responsible for delaying the Ufone-Telenor Pakistan merger. In…

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