{"id":365114,"date":"2023-10-31T04:46:20","date_gmt":"2023-10-30T23:46:20","guid":{"rendered":"https:\/\/leadpakistan.com.pk\/news\/?p=365114"},"modified":"2023-10-31T04:46:20","modified_gmt":"2023-10-30T23:46:20","slug":"ccp-sets-up-a-new-department-for-robust-market-surveillance","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/ccp-sets-up-a-new-department-for-robust-market-surveillance\/","title":{"rendered":"CCP sets up a new department for robust market surveillance"},"content":{"rendered":"<p>ISLAMABAD: The Competition Commission of Pakistan (CCP) has launched a new Market Intelligence Unit (MIU). Its objective is to create advanced technological and data analytical capabilities to assess the market data to identify the collusive practices. It\u2019s a transition from the previous approach of reactive enforcement to proactive enforcement. CCP has already singed MOU with the Urban Unit in Punjab. CCP will also be obtaining data on all essential commodities from the Pakistan Bureau of Statistics. It will also obtain data in all essential products, various sectors of the economy to identify collusive practices and cartels. The collusions and cartels drive the prices up in the economy maximising their profit at the expense of poor nation. The history of market abuse is as old as the markets itself. Unscrupulous players have become sophisticated and leave no smoking guns. DNA<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD: The Competition Commission of Pakistan (CCP) has launched a new Market Intelligence Unit (MIU). Its objective is to create advanced technological and data analytical capabilities to assess the market data to identify the collusive practices. It\u2019s a transition from the previous approach of reactive enforcement to proactive enforcement. CCP has already singed MOU with [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":{"0":"post-365114","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-national"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>CCP sets up a new department for robust market surveillance<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leadpakistan.com.pk\/news\/ccp-sets-up-a-new-department-for-robust-market-surveillance\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CCP sets up a new department for robust market surveillance\" \/>\n<meta property=\"og:description\" content=\"ISLAMABAD: The Competition Commission of Pakistan (CCP) has launched a new Market Intelligence Unit (MIU). Its objective is to create advanced technological and data analytical capabilities to assess the market data to identify the collusive practices. It\u2019s a transition from the previous approach of reactive enforcement to proactive enforcement. 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