Saturday, November 16, 2024 07:55 PM
Law Minister Azam Nazir Tarar addresses CCP's operational challenges and backlog in Islamabad, emphasizing the need for a functional Tribunal.
In recent times, the Competition Commission of Pakistan (CCP) has faced numerous operational challenges that have hindered its ability to effectively regulate competition in the market. The CCP plays a crucial role in ensuring fair competition, protecting consumer rights, and preventing monopolistic practices. However, legal barriers and a backlog of cases have made it difficult for the commission to fulfill its mandate.
On Friday, Federal Minister for Law and Justice Azam Nazir Tarar visited the head office of the CCP in Islamabad. He was warmly welcomed by Chairman CCP Dr. Kabir Ahmed Sidhu and other members, including Salman Amin, Abdul Rashid Sheikh, Saeed Ahmad Nawaz, and Ms. Bushra Naz Malik. During this visit, Minister Tarar was briefed on the various operational challenges faced by the CCP, particularly the legal obstacles that have been impeding its work.
One of the key issues discussed was the urgent need for the appointment of a chairman for the Competition Appellate Tribunal (CAT) and its members. The absence of a functional CAT has resulted in significant delays in resolving important competition-related cases. The CCP reported that it has managed to resolve 69 cases in the past year, recovering penalties amounting to Rs100 million. However, the ongoing delays in appointing the CAT chairman have left the Tribunal non-functional, further complicating the resolution of pending cases.
As it stands, the CCP has a substantial number of pending cases across various courts. There are currently 211 cases in the Supreme Court, 43 in the Lahore High Court, 44 in the Sindh High Court, and additional cases in the Islamabad and Peshawar High Courts. Furthermore, there are 172 cases awaiting attention before the CAT. This backlog not only affects the CCP's efficiency but also impacts businesses and consumers who rely on timely resolutions.
During the meeting, the CCP management proposed the establishment of a specialized bench in the Supreme Court to expedite the decision-making process for competition-related cases. This initiative could potentially streamline the handling of these cases and reduce the backlog significantly.
In addition to addressing the backlog, the CCP has been proactive in combating cartelization. The establishment of a Market Intelligence Unit (MIU) has proven effective, as it has identified over 150 cases through advanced data analysis and media monitoring tools. Moreover, the CCP is in the process of setting up a Centre of Excellence in Competition Law, aimed at promoting research and scholarship in this vital area. The commission has also identified regulatory barriers in various sectors, including insurance, aviation, road construction, and power, which need to be addressed to foster a more competitive environment.
Minister Tarar's visit to the CCP signifies a renewed commitment from the government to support the commission's efforts in ensuring fair competition. By addressing the operational challenges and legal barriers, the government aims to create a more conducive environment for businesses and consumers alike. Ultimately, a robust competition framework not only benefits businesses by promoting innovation and efficiency but also empowers consumers by providing them with better choices and prices.