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Saudi Group to invest in Retail Oil Sector in Pakistan ISLAMABAD   (   WEB  NEWS  ) In a recent development, Saudi Group Asyad Holding through UAE-based Wafi Energy Holding Limited has acquired 77.42% shareholdings and control of Shell Pakistan Limited. The Competition Commission of Pakistan (CCP) has approved the acquisition underRead More →

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LHC Upholds CCP Powers to Conduct Enquiry in another Case ISLAMABAD  (  WEB  NEWS  ) The  Lahore High Court vide Order dated 29-05-2024 has vacated a stay order that it had earlier granted to four poultry feed manufacturers against the show cause notices issued by the Competition Commission of PakistanRead More →

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LNG Supply Chain Arrangement Gets the CCP’s Nod ISLAMABAD  (  WEB NEWS  ) The Competition Commission of Pakistan (CCP) has granted approval until December 2025 on the LNG supply chain component of the Share Purchase Agreement (SPA) signed between M/s Diamond Gas International Japan Co. Ltd and M/s Bison EnergyRead More →

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CCP HEARING ON SUSPECTED COLLUSIVE PRICING BY FERTILIZER MANUFACTURERS ISLAMABAD  (  WEB  NEWS  ) The Competition Commission of Pakistan (CCP) has commenced hearing in collusive pricing case, wherein the Fertilizer Manufactures of Pakistan Advisory Council (FMPAC) had issued an advertisement on 21st November, 2021, on behalf of its member undertakings.Read More →

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CCP APPROVES 100% ACQUISITION OF MEDIALOGIC PAKISTAN  ISLAMABAD  (  WEB NEWS  ) The Competition Commission of Pakistan (CCP) has green lit a merger within the TV ratings and streaming market. The approved transaction entails the acquisition of 100% shareholding of M/s Medialogic Pakistan (Pvt) ltd pursuant to Share Purchase ArrangementRead More →

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CCP APPROVES ACQUISITION IN TEXTILE & APPAREL INDUSTRY ISLAMABAD  (  WEB NEWS  ) The Competition Commission of Pakistan (CCP) has approved a merger in the textile yarn sector. The approved transaction entails the acquisition of up to 29.43% shareholding of M/s. Gatron (Industries) ltd by M/s. Nova Frontiers ltd. M/s. NovaRead More →

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CCP and ICAP join hands to implement compliance framework on Competition Law ISLAMABAD  (  WEB NEWS  ) The Competition Commission of Pakistan (CCP) and Institute of Chartered Accountants of Pakistan (ICAP) join hands to develop a compliance framework on Competition law to be adopted by CA professionals working in variousRead More →

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CCP and PICG Agree to Enhance Their Collaboration ISLAMABAD  (  Web News  ) The Competition Commission of Pakistan (CCP) and Pakistan Institute of Corporate Governance (PICG) agree to broaden the canvas of their collaboration with inclusion of competition law modules in other PICG trainings in addition to the existing DirectorsRead More →

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CCP APPROVES MERGER OF TWO BROKERAGE HOUSES ISLAMABAD   (  Web  News   ) The Competition Commission of Pakistan (CCP) has approved a Scheme of Arrangement for the merger of M/s. Intermarket Securities Limited (IMS) with M/s. EFG Hermes Pakistan Limited (EFG). M/s. Intermarket Securities Limited (IMS) is a public unlisted companyRead More →

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Punjab Government to Provide Information for CCP’s Investigation into Deceptive Housing Schemes ISLAMABAD  (   Web  News  ) The Punjab Government will provide updated information about the housing schemes in Punjab to the Competition Commission of Pakistan (CCP) to facilitate its ongoing investigation against housing schemes engaged in deceptive marketing practices.Read More →

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CCP Approves Product Supply Agreement between Aramco and GO Petroleum ISLAMABAD   (  Web News  ) The Competition Commission of Pakistan (CCP) has granted a time-bound exemption on the relevant clauses of product supply agreement between Aramco Trading (ATC) Fujairah FZE Ltd and Gas & Oil Pakistan Ltd (GO Petroleum) forRead More →

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CCP Hearing on Collusive Practices of Poultry Companies ISLAMABAD  (  Web  News  ) The Competition Commission of Pakistan (CCP) conducted a hearing in the poultry cartelization case, wherein the Pakistan Poultry Association (PPA) presented its defence against allegations of price fixing. This hearing was fixed after show cause notices wereRead More →