Islamabad, Jan 14: U.S. Embassy representatives visited the Competition Commission of Pakistan (CCP) to discuss matters related to competition law and foster bilateral cooperation between CCP and the U.S. Federal Trade Commission.
Representatives of the U.S. Embassy’s Economic Section met with Salman Amin, Member Office of Fair Trade and International Affairs and his team.
The discussion focused on sectors vulnerable to international cartelization, risks of dominance abuse, and challenges like deceptive marketing and AI on digital platforms. Regulators must now consider these factors in Merger & Acquisition decisions.
Recent decisions by CCP and FTC were discussed. Both regulators identified common factors and agreed that collaboration and knowledge sharing would benefit both parties.
During the meeting specific areas and avenues for enhancing bilateral and technical collaboration between the CCP and FTC (US) were discussed.
CCP officials briefed U.S. Embassy representatives on measures taken recently to open competition in various sectors, induce FDI, and facilitate ease of doing business.
CCP representatives suggested, and the parties discussed the possibility of holding dedicated advocacy sessions on Competition Law for American businesses in Pakistan, in coordination with the American Business Council.
