The Competition Commission of Pakistan (CCP) (Urdu: Nastaliq style=font-size:110%;font-style:normal>کمپیٹیشن کمیشن آف پاکستان), formerly Monopoly Control Authority, is an independent agency quasi-regulatory, quasi-judicial body of the Government of Pakistan for the enforcement of economic competition laws in Pakistan that helps ensure healthy competition.
It was created in 2007 by the President of Pakistan through the promulgation of the Competition Ordinance, 2007 replacing Monopoly Control Authority, later Parliament of Pakistan passed Competition Act, 2010 to give legal cover and powers to the commission.
The Commission was established to provide for free competition in all spheres of commercial and economic activity to enhance economic efficiency and to protect consumers from anti competitive behavior.
U.S. competition rules
Merger guidelines in the United States are a set of internal rules promulgated by the Antitrust Division of the Department of Justice (DOJ) in conjunction with the Federal Trade Commission (FTC).
These rules have been revised over the past four decades.
They govern the process by which these two regulatory bodies scrutinize and/or challenge a potential merger.
Grounds for challenges include increased market concentration and threat to competition within a relevant market.
