ISLAMABAD
\nThe Competition Commission of Pakistan (CCP) has granted two conditional exemptions to undertakings in the transport and logistics sector, permitting limited restrictive provisions under joint venture agreements aimed at strengthening Pakistan\u2019s logistics capabilities.
\nThe exemptions were approved following a comprehensive review by CCP\u2019s Exemptions Department, which assessed the legal framework, potential market impact, and the long-term investment plans associated with the proposed collaborations.
\nThese arrangements were found to satisfy the requirements set out in Section 9 of the Competition Act, 2010. The joint ventures are expected to foster technical progress, enhance operational efficiency, and improve service standards in the logistics and freight sectors.
\nThe Commission observed that the joint ventures will leverage international best practices alongside local expertise, contributing to infrastructure development, innovation, and greater consumer value.
\nSpecific provisions within the shareholders\u2019 agreements\u2014such as non-compete and exclusivity clauses\u2014were conditionally approved to ensure investment protection and coordination, while safeguarding against risks of market foreclosure.
\nThese approvals reaffirm CCP\u2019s commitment to facilitating strategic business collaboration that supports economic growth, while ensuring that competition remains open, fair, and free from abuse of dominance.
\nAll exemptions are subject to strict compliance with conditions designed to preserve competitive dynamics in the market.<\/p>\n","protected":false},"excerpt":{"rendered":"
ISLAMABAD The Competition Commission of Pakistan (CCP) has granted two conditional exemptions to undertakings in the transport and logistics sector, permitting limited restrictive provisions under joint venture agreements aimed at strengthening Pakistan\u2019s logistics capabilities. The exemptions were approved following a comprehensive review by CCP\u2019s Exemptions Department, which assessed the legal framework, potential market impact, and […]<\/p>\n","protected":false},"author":2,"featured_media":293095,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-483284","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"yoast_head":"\n