KARACHI: The Competition Commission of Pakistan (CCP) laid the foundation of sound competition regime in Pakistan and now it remains imperative that all the stakeholders ensure implementation of its policy in letter and spirit, a senior official said on Friday.
Addressing a workshop on “Competition Law as a tool for economic efficiency,” organised by the commission and the Lahore University of Management Sciences (LUMS), CCP Chairman Khalid Mirza said that the aim of any modern competition regime remains to ensure free competition in the economic activity to enhance efficiency and to protect the consumer.
For this purpose, he emphasised that the competition agency should be so structured, empowered and resourced as to be able to apply the law without fear or favour and without succumbing to any external pressures.
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