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CCP Chairman Calls for Stronger Competition Laws to Boost Investment
['Business Desk']
ProPakistani
Competition Commission of Pakistan (CCP) Chairman Farid Ahmad Tarar has said that greater awareness of competition law is essential for promoting a transparent, competitive, and investment-friendly business environment in Pakistan.
He added that awareness campaigns help businesses understand their legal obligations, improve voluntary compliance, and promote fair market practices.
ALSO READ CCP Allows US Company to Buy UK Giant’s Lubricant Business in PakistanThe CCP chairman said enforcement alone cannot create a competitive economy, stressing that education and stakeholder engagement are equally important in preventing anti-competitive practices.
ICCI President Sardar Tahir Mehmood said stronger cooperation between the private sector and the CCP would help promote innovation, attract investment, and improve consumer confidence.
He reaffirmed the chamber’s commitment to supporting awareness of competition law and strengthening collaboration with the regulator.