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Pakistan: Competition Commission focuses on foreign investment

By  |  October 30, 2014

The Competition Commission of Pakistan said it is now directing more of its attention to promote foreign investment in the nation’s economy.

According to reports, CCP Chairman Dr. Joseph Wilson spoke Thursday to announce that the watchdog is playing the role of facilitator to encourage interest in Pakistan’s market from overseas. That investment, he said, is crucial to providing competition across all markets.

The CCP also noted Thursday that it has progressed in its agenda to curb anticompetitive conduct, noting that several companies have voluntarily complied with competition rules after regulatory intervention.

Pakistan established its Competition Act in 2010.

Full content: Business Recorder

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