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Gunvor Group of Switzerland buys 50% stake in Total Parco: CCP approves deal In the petroleum sector, this acquisition marks the latest in a series of high-profile transactions recently approved by the CCP. ISLAMABAD   (   WEB   NEWS   ) The Competition Commission of Pakistan (CCP) has approved the acquisition of 50Read More →

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CCP issues report on state of competition in Power Sector ISLAMABAD   (   WEB  NEWS   ) The Competition Commission of Pakistan (CCP) has officially released its detailed research report titled “State of Competition in the Key Markets in Pakistan: Power Sector.” The report highlights the significant presence and impact of state-owned enterprises (SOEs)Read More →

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CCP conducts advocacy sessions with Chain Store Association of Pakistan (CAP) ISLAMABAD   (  WEB  NEWS  ) The Competition Commission of Pakistan (CCP) recently hosted an interactive session with the Chainstore Association of Pakistan (CAP) to reinforce self-regulation and promote compliance with Competition Law, with a special focus on curbing deceptiveRead More →

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CCP Conducts Phase II Merger Review Hearing for PTCL-Telenor Acquisition ISLAMABAD   (  WEB  NEWS  ) Competition Commission of Pakistan (CCP) continued its comprehensive Phase II Merger Review of PTCL’s acquisition of 100 percent shareholding in Telenor Pakistan (Private) Limited and Orion Towers (Private) Limited. The CCP’s bench was comprised ofRead More →

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CCP and PAS to enhance collaboration for competition law compliance ISLAMABAD   (   WEB  NEWS   ) The Competition Commission of Pakistan (CCP) and the Pakistan Advertisers Society (PAS) expand their collaboration promoting self-regulation in order to deter deceptive marketing practices in Pakistan and ensure due compliance with the Competition Law. DuringRead More →

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Pfizer’s Assets Acquisition, CCP Grants Approval Lucky Core Industries, a publicly listed company in Pakistan, is engaged in manufacturing various chemicals and pharmaceuticals. ISLAMABAD   (  WEB NEWS  ) The Competition Commission of Pakistan (CCP) has approved the acquisition of certain assets of M/s. Pfizer Pakistan Limited by M/s. Lucky CoreRead More →

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Enhancing Commercial Real Estate Development, CCP Approves Acquisition ISLAMABAD   (  WEB NEWS  ) The Competition Commission of Pakistan (CCP) has approved a merger in real estate sector. This approved transaction involves M/s Enaara Properties Rawalpindi Ltd acquiring 100% shareholding of M/s Sprint Services Rawalpindi Ltd under a Share Purchase Agreement.Read More →

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Acquisition of German Conglomerate, CCP’s Approval for Market Integration ISLAMABAD   (   WEB  NEWS  ) The Competition Commission of Pakistan (CCP) has approved a significant merger in the steel industry with international implications. The transaction involves EP Corporate Group (EPCG) acquiring over 20% shares from the German industrial conglomerate Thyssenkrupp. Specifically, EPCG willRead More →

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CCP Approves Majority Stake Acquisition of Engro Powergen Qadirpur ISLAMABAD  (  WEB NEWS  ) The Competition Commission of Pakistan (CCP) has approved a merger involving a significant reshuffling of power generation assets. This transaction entails a consortium, mainly comprising textile companies, acquiring a 68.89% stake in Engro Powergen Qadirpur LimitedRead More →

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Engro’s Strategic Asset Divestiture in Thermal Energy Sector Gets CCP Approval ISLAMABAD   (  WEB  NEWS  ) The Competition Commission of Pakistan (CCP) has approved a merger application within the thermal energy assets portfolio. This transaction involves a consortium acquiring approximately 50.10% of M/s Engro Powergen Thar (Pvt.) Ltd from M/sRead More →

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Competition Tribunal Affirms Penalty on Reliance Paints for Price Fixing Tactics ISLAMABAD  (  WEB NEWS  ) The Competition Appellate Tribunal has upheld the decision of the Competition Commission of Pakistan (CCP) against M/s Reliance Paints Pakistan for fixing the retail prices of its products, in violation of Section 4 ofRead More →

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Competition Tribunal Affirms CCP’s Penalties against DHA Lahore and Wateen Telecom ISLAMABAD   (  WEB  NEWS  ) In a significant ruling, the Competition Appellate Tribunal has dismissed the appeals filed by Defence Housing Authority (DHA), Lahore, and Wateen Telecom (Pvt.) Limited, upholding the Competition Commission of Pakistan’s (CCP) decision to imposeRead More →