Shareholders Approve Silkbank-UBL Merger, Awaiting Final Approval

By Huma Ishfaq ⏐ 11 months ago ⏐ 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 ⏐ 12 months ago ⏐ 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 ⏐ 12 months ago ⏐ 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…

PTCL-Ufone and Telenor Pakistan Merger Delayed by CCP Review

By Tech Desk ⏐ 12 months ago ⏐ Newspaper Icon 3 min read

Islamabad: The Pakistan Telecommunication Company Ltd’s Ufone acquisition of Telenor Pakistan, announced nearly a year ago, is facing a regulatory setback, causing a delay in…

PTCL Receives Conditions from CCP for Telenor Acquisition

By Huma Ishfaq ⏐ 1 year ago ⏐ Newspaper Icon 3 min read

ISLAMABAD: The Pakistan Telecommunication Company Limited (PTCL) Group allegedly approached the Special Investment Facilitation Council (SIFC) to express their dissatisfaction with the excessive delay in…

Rs275 Million Penalties Enforced by CCP in 2024

By Tehniyat Zafar ⏐ 1 year ago ⏐ Newspaper Icon 2 min read

The Competition Commission of Pakistan (CCP) intensified its efforts against anti-competitive behaviors in 2024, imposing fines totaling Rs275 million on various companies. These penalties targeted…

CCP Imposes Rs75 Million Fine on Walls and Omore for False Advertising

By Tehniyat Zafar ⏐ 1 year ago ⏐ Newspaper Icon 2 min read

The Competition Commission of Pakistan (CCP) has levied a combined fine of Rs170 million on the producers and distributors of Walls and Omore for misleading…

Merger Of Millat Equipment With Millat Tractors Officially Approved

Merger of Millat Equipment with Millat Tractors Officially Approved

By Huma Ishfaq ⏐ 1 year ago ⏐ Newspaper Icon 2 min read

ISLAMABAD: The merger of Millat Tractors Limited (MTL) and Millat Equipment Limited (MEL) has been approved by the Competition Commission of Pakistan (CCP) under a…

How To Avoid Fraud When Using Loan Apps:Guidelines By CCP

By Senoria Khursheed ⏐ 3 years ago ⏐ Newspaper Icon 3 min read

The Competition Commission of Pakistan (CCP) warned the general public about the rising trend of mobile-app-based micro-credit and nano-loan facilities. The users can quickly get…

Uber Careem merger approved by CCP but with powerful conditions

By Tehreem Farooqi ⏐ 6 years ago ⏐ Newspaper Icon 3 min read

The Competition Commission of Pakistan has approved the Uber-Careem merger through a Phase-II order, imposing pro-competitive and tough conditions ensuring a level playing field for…

UMT responds over fine imposed by CCP

By Faisal Saeed ⏐ 7 years ago ⏐ Newspaper Icon 3 min read

The University of Management and Technology (UMT) has been fined with PKR 5 million by the Competition Commission of Pakistan (CCP) for making false claims…

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