A review of the Competition Commission of Pakistan has yielded expert analysis, concluding that while criminal penalties in addition to penalties under antitrust laws deter antitrust violations, they do not pose a threat to the investment climate within developing nations. Fernando Furlan, former Brazilian Competition Agency chairman and current member of the UNCTAD team, made the statement this past weekend at the team’s review of the CCP. In addition to Furlan, Orcun Senyucel, Turkish Competition Authority Head of Department Number 4, also sat on the review team. The two have noticed parallels between Pakistan’s and Brazil’s antitrust issues, and Furlan shared his advice as the CCP is challenged in court over issues in ways similar to how the Brazilian Competition Agency has been challenged in the past.
Full Content: Daily Times
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Redfin Settles $9.2M Commission Inflation Lawsuits
May 7, 2024 by
CPI
DOJ Supports Colorado’s Efforts to Block Kroger-Albertsons Merger
May 7, 2024 by
CPI
Japan Considers Regulation of AI Developers
May 7, 2024 by
CPI
European Commission Extends Decision Deadline for Ita-Lufthansa Merger
May 7, 2024 by
CPI
UK, US and Australia Sanction Senior Leader of LockBit Cybercrime Gang
May 7, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI