ISLAMABAD - Contrary to the governments stated tighten-the-belt policy, the Competition Commission of Pakistan is currently located in a rented building in the diplomatic enclave with an exorbitant rent of Rs 2 million (20 lakhs) per month. The owner of the building, Abid Kayani, confirmed to TheNation that he had rented his building to Competition Commission of Pakistan for a monthly rent of Rs. 2 million, which had now increased to Rs. 2.2 million as per the annual increase of 10 per cent. He further added that the department had defaulted on payment of rent in January this year though they paid up in March after he had moved the courts. He wanted them to vacate the building and his eviction suit was pending with the court. Sources at the Commission revealed that earlier they were housed in a bungalow in F-10 where the rent of the house was Rs. 200,000 per month. About the reason for shifting here in Diplomatic Enclave, the sources added that the space in the F-10 house was insufficient and that was the reason they had shifted to the more spacious premises. Competition Commission was established in year 2007 under the Competition Ordinance, 2007 with the major aim to provide for a legal framework to create a business environment based on healthy competition toward improving economic efficiency, developing competitiveness and protecting consumers from anti-competitive practices. Prior to Competition Ordinance, 2007, Pakistan had an anti-monopoly law namely 'Monopolies and Restrictive Trade Practices (Control and Prevention) Ordinance (MRTPO) 1970. This law was administered by the Monopoly Control Authority (MCA). Windows Live(tm): Keep your life in sync. Check it out