Competition Commission of Pakistan

The Competition Commission of Pakistan (CCP) (Urdu: قومی مسابقتی ماموریہ ، پاکستان), formerly Monopoly Control Authority, is an independent agency quasi-regulatory, quasi-judicial body of the Government of Pakistan for the enforcement of economic competition laws in Pakistan that helps ensure healthy competition. It was created in 2007 by the President of Pakistan through the promulgation of the Competition Ordinance, 2007 replacing Monopoly Control Authority, later Parliament of Pakistan passed Competition Act, 2010 to give legal cover and powers to the commission.[2][3]

Competition Commission of Pakistan
قومی مسابقتی ماموریہ ، پاکستان
Agency overview
Formed2007 (2007)
Jurisdiction Pakistan
HeadquartersIslamabad
Agency executive
  • Ms Rahat Kaunain Hassan [1], Chairperson
Websitecc.gov.pk

History

The Competition Commission of Pakistan (CCP) was established on 2 October 2007 under the Competition Ordinance, 2007, which was repromulgated in November 2009.
Prior to the Competition Ordinance, 2007, Pakistan had an anti-monopoly law namely ‘Monopolies and Restrictive Trade Practices (Control and Prevention) Ordinance’ (MRTPO) 1970. The Monopoly Control Authority (MCA) was the organization to administer this Law.[4]

References


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