ISLAMABAD(PR):\u00a0The Competition Commission of Pakistan (CCP), on the occasion of \u2018World Competition Day\u2019 on Monday, 5th\u00a0December, has launched \u2018The Guidance on Competition Compliance,\u2019 an-easy-to-understand guide on the Competition Act, 2010, to promote voluntary compliance of the law.
\nThe Guidance provides an operative and meaningful voluntary competition compliance programme for assisting businesses and other stakeholders to promote a culture of compliance and minimise their risk of involvement in competition law infringements and the costs resulting from anti-competitive behaviour.
\nPart-A of The Guidance explains key concepts of competition and substantive provisions of the Competition Act with illustrations and easy examples. This will help stakeholders to fully understand the prohibitions under the competition law.
\nPart-B of the Guidance deals with setting up and managing a competition compliance programme explaining various stages of its execution and evaluation.
\nThe last section comprises of annexures relating to a checklist of do\u2019s and don\u2019ts of the Competition Law, a summary of the sections of Competition Act relevant to stakeholders, and the procedure to file a complaint with CCP.
\nIn the first phase of implementation of the \u2018Guidance on Competition Compliance\u2019, CCP will provide training to the focal persons nominated by the chambers of commerce and industries who will assist businesses in implementing the compliance programmes while serving as the central points of communication between CCP and the businesses. In the second phase, training will be provided to the representatives of government organisations, regulatory bodies, state-owned enterprises and other stakeholders.
\nThe Guidance on Competition Compliance can be downloaded from the website of CCP,\u00a0www.cc.gov.pk\u00a0and through scanning the Quick Response (QR) Code provided in the advertisements published by CCP in all the leading English newspapers of 5th\u00a0December 2016.<\/p>\n","protected":false},"excerpt":{"rendered":"
ISLAMABAD(PR):\u00a0The Competition Commission of Pakistan (CCP), on the occasion of \u2018World Competition Day\u2019 on Monday, 5th\u00a0December, has launched \u2018The Guidance on Competition Compliance,\u2019 an-easy-to-understand guide on the Competition Act, 2010, to promote voluntary compliance of the law. The Guidance provides an operative and meaningful voluntary competition compliance programme for assisting businesses and other stakeholders to […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-7666","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-business"},"yoast_head":"\n