AIRLINK 217.98 Decreased By ▼ -4.91 (-2.2%)
BOP 10.93 Increased By ▲ 0.11 (1.02%)
CNERGY 7.55 Decreased By ▼ -0.01 (-0.13%)
FCCL 34.83 Decreased By ▼ -2.24 (-6.04%)
FFL 19.32 Increased By ▲ 0.08 (0.42%)
FLYNG 25.15 Decreased By ▼ -1.89 (-6.99%)
HUBC 131.09 Decreased By ▼ -1.55 (-1.17%)
HUMNL 14.56 Decreased By ▼ -0.17 (-1.15%)
KEL 5.18 Decreased By ▼ -0.22 (-4.07%)
KOSM 7.36 Decreased By ▼ -0.12 (-1.6%)
MLCF 45.63 Decreased By ▼ -2.55 (-5.29%)
OGDC 222.08 Decreased By ▼ -1.18 (-0.53%)
PACE 8.16 Decreased By ▼ -0.02 (-0.24%)
PAEL 44.19 Increased By ▲ 0.69 (1.59%)
PIAHCLA 17.69 Decreased By ▼ -0.37 (-2.05%)
PIBTL 8.97 Decreased By ▼ -0.10 (-1.1%)
POWERPS 12.51 Decreased By ▼ -0.50 (-3.84%)
PPL 193.01 Decreased By ▼ -5.23 (-2.64%)
PRL 43.17 Increased By ▲ 0.93 (2.2%)
PTC 26.63 Decreased By ▼ -0.76 (-2.77%)
SEARL 107.08 Decreased By ▼ -3.00 (-2.73%)
SILK 1.04 Decreased By ▼ -0.02 (-1.89%)
SSGC 45.00 Decreased By ▼ -2.30 (-4.86%)
SYM 21.19 Increased By ▲ 0.42 (2.02%)
TELE 10.15 Decreased By ▼ -0.37 (-3.52%)
TPLP 14.51 Decreased By ▼ -0.44 (-2.94%)
TRG 67.28 Decreased By ▼ -1.57 (-2.28%)
WAVESAPP 11.29 Decreased By ▼ -0.63 (-5.29%)
WTL 1.70 Decreased By ▼ -0.09 (-5.03%)
YOUW 4.25 Decreased By ▼ -0.10 (-2.3%)
BR100 12,397 Increased By 33.3 (0.27%)
BR30 37,347 Decreased By -871.2 (-2.28%)
KSE100 117,587 Increased By 467.3 (0.4%)
KSE30 37,065 Increased By 128 (0.35%)

ISLAMABAD: The Competition Commission of Pakistan (CCP) and Pakistan Institute of Corporate Governance (PICG) have agreed to broaden the canvas of their collaboration with the inclusion of competition law modules in other PICG trainings in addition to the existing Directors Training Programme (DTP).

In the meeting held between senior officials of CCP and PICG in Karachi, it was discussed that competition law provides an enabling environment and level playing field to all economic stakeholders. The decision-makers, board members, entrepreneurs, corporate managers, and officials of state-owned enterprises need to understand the Competition Law well.

During the meeting, PICG officials apprised that they are launching an ESG Executive Track Programme soon that will comprise of mandatory as well as optional modules. This programme is globally acknowledged to enhance knowledge and capacities of participants at the mid-career level too.

‘CCP imposes Rs74bn of penalties on cartels but cases still pending in courts’

It was discussed that existing collaboration between CCP and PICG will further expand and CCP will assist PICG in developing modules and will also provide resource persons to impart the trainings on modules pertaining to deterring deceptive marketing, process of reviewing mergers & acquisitions, the criteria for granting exemptions, and agreements that are prohibited under the completion law.

The CCP and PICG officials appreciated that awareness on Competition Law has largely increased by inclusion of modules in DTPs and will further amplify through ESG programme. Meeting also discussed that case study based modules will be incorporated in upcoming DTPs and other PICG trainings on Competition Law. It was highlighted that CCP is committed to foster competition in all sphere of economic activities and is working closely with stakeholders like PICG, to create the awareness on competition law which will translate into benefits for the undertakings and economy at large. The meeting was attended from CCP by Salman Amin, Member, Ahmed Qadir, DG, and Raja Taimur, Deputy Director. Whereas, PICG was represented by its President Mehmosh Khawaja, Company Secretary, Shafaq Fauzil Azim, and Manager Marketing and Director Relations, Haani Jamal Khan.

Copyright Business Recorder, 2024

Comments

Comments are closed.