Chairman Competition Commission of Pakistan (CCP) Khalid Mirza demanded re-promulgation of competition law as it was an effective law to stop the cartelisation in different sectors of industry. Addressing a seminar held under auspices of Judicial Activism Panel (JAP), Khalid Mirza said the law would help in many ways to curtail people's miseries as cartelisation caused price hike of basic necessities.
He said commission had taken so many steps to control sugar, cement, oil, ghee, tractors, mobiles, telecommunication and other industries, which by cartelisation worked against the interest of public at large. He said in the past there was no such institution or law to break monopoly of industries, adding that the commission would be able to overcome all these mal-practices.
He said CCP was working without any fear and favour and committed to resolve public issues by breaking cartels to streamline prices of different things. Speaking on the occasion Chairman Judicial Activism Panel (JAP) Muhammad Azhar Siddique advocate said the federal and provincial Governments were not working in the interest of citizen and were making fool the people in the name of good governance.
He said it was the legal and constitutional duty of the parliament to safeguard fundamental rights and to resolve the basic issues on priority basis. Competition law was laying pending in the parliament for the last six months but legislators did not bother to make it a law, he added. Mian Abdul Quddus, President LHCBA said the government should immediately promulgate the competition law.