AIRLINK 69.92 Increased By ▲ 4.72 (7.24%)
BOP 5.46 Decreased By ▼ -0.11 (-1.97%)
CNERGY 4.50 Decreased By ▼ -0.06 (-1.32%)
DFML 25.71 Increased By ▲ 1.19 (4.85%)
DGKC 69.85 Decreased By ▼ -0.11 (-0.16%)
FCCL 20.02 Decreased By ▼ -0.28 (-1.38%)
FFBL 30.69 Increased By ▲ 1.58 (5.43%)
FFL 9.75 Decreased By ▼ -0.08 (-0.81%)
GGL 10.12 Increased By ▲ 0.11 (1.1%)
HBL 114.90 Increased By ▲ 0.65 (0.57%)
HUBC 132.10 Increased By ▲ 3.00 (2.32%)
HUMNL 6.73 Increased By ▲ 0.02 (0.3%)
KEL 4.44 No Change ▼ 0.00 (0%)
KOSM 4.93 Increased By ▲ 0.04 (0.82%)
MLCF 36.45 Decreased By ▼ -0.55 (-1.49%)
OGDC 133.90 Increased By ▲ 1.60 (1.21%)
PAEL 22.50 Decreased By ▼ -0.04 (-0.18%)
PIAA 25.39 Decreased By ▼ -0.50 (-1.93%)
PIBTL 6.61 Increased By ▲ 0.01 (0.15%)
PPL 113.20 Increased By ▲ 0.35 (0.31%)
PRL 30.12 Increased By ▲ 0.71 (2.41%)
PTC 14.70 Decreased By ▼ -0.54 (-3.54%)
SEARL 57.55 Increased By ▲ 0.52 (0.91%)
SNGP 66.60 Increased By ▲ 0.15 (0.23%)
SSGC 10.99 Increased By ▲ 0.01 (0.09%)
TELE 8.77 Decreased By ▼ -0.03 (-0.34%)
TPLP 11.51 Decreased By ▼ -0.19 (-1.62%)
TRG 68.61 Decreased By ▼ -0.01 (-0.01%)
UNITY 23.47 Increased By ▲ 0.07 (0.3%)
WTL 1.34 Decreased By ▼ -0.04 (-2.9%)
BR100 7,399 Increased By 104.2 (1.43%)
BR30 24,136 Increased By 282 (1.18%)
KSE100 70,910 Increased By 619.8 (0.88%)
KSE30 23,377 Increased By 205.6 (0.89%)

imageQUETTA: The Competition Commission of Pakistan (CCP) on Tuesday held a seminar at the Quetta Chamber of Commerce and Industry (QCCI) as part of the National Road Show on Competition Law.

The seminar was attended by CCP Chairperson Vadiyya Khalil, members Shahzad Ansar and Ikram Ul Haque Qureshi, directors Asfandyar Khattak, Ikram Ul Haque, Noman Laiq, and Umair Javed, QCCI Vice President Samiullah Baloch, members of the executive committee and the business community in large number, said a press release.

In her address at the seminar, the CCP Chairperson stressed on the voluntary compliance of the Competition Law by businesses saying that the law protects businesses from anti-competitive practices, a statement of the Commission issued here said.

She asked the Quetta Chamber to appoint a focal person for regular liaison with CCP regarding competition issues and compliance.

"We want the businesses to know 'the power' that they have under this law and that is why we are here today," she said while quoting from a speech of the Quaid-e-Azam Muhammad Ali Jinnah in which the Quaid wanted Pakistan to become a synonym and hallmark for standard and quality in the market places of the world.

She informed the participants that the aim of this Road Show is to create awareness of the Competition Law to SMEs, big corporations, MNCs, alike by visiting chambers and trade associations in 22 cities across all 4 provinces of Pakistan.

"We have completed our tour in Khyber Pakhtunkhwa, most Punjab and Sindh and now we are here in Quetta to create awareness of our law," she said.

QCCI Vice President Samiullah Baloch in his welcome speech said that the knowledge of Competition Law will help businessmen comply with the Competition Law and protect their interests against the anti-competitive practices.

He said this interaction will help businessmen share their problems with the CCP.

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.

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.

Shahzad Ansar in his presentation on explained the role of the Office of Fair Trading in dealing with deceptive marketing practices.

He shared the contact details of CCP to facilitate businessmen to file complaints with CCP regarding deceptive marketing practices.

In the interactive session, the participants highlighted various competition issues and urged CCP to play its role for their resolution.

Copyright APP (Associated Press of Pakistan), 2016

Comments

Comments are closed.