Robust competition framework is vital for economic growth, fostering innovation & attracting both domestic & foreign investment: Dar

ISLAMABAD, Nov 23 (SABAH): Deputy Prime Minister Ishaq Dar has stressed that a robust competition framework is vital for economic growth, fostering innovation and attracting both domestic and foreign investment.

Talking to Chairman of the Competition Commission of Pakistan, Dr Kabir Sidhu, he commended the CCP’s proactive approach in resolving long outstanding cases in the courts.

He called on the Commission to intensify efforts against cartels and price manipulation, which harm consumers and distort markets.

The Deputy Prime Minister assured CCP of the government’s continued support in ensuring transparency and fairness.

The CCP Chairman briefed the Deputy Prime Minister on initiatives undertaken to enhance the effectiveness of the Commission in enforcing competition laws.

He apprised Ishaq Dar of the establishment of a Market Intelligence Unit to monitor market trends and swiftly identify anti-competitive behaviours