ISLAMABAD - The CCP in eliminating regulatory barriers to economic growth, apart from busting cartels, is a very vital and significant one, which it is performing very effectively, said Dr. Joseph Wilson, CCP Chairman.

He said that Section 29 of the Competition Act, 2010 empowered CCP to review policy frameworks that affect competition and give non-binding recommendations to the Government. “CCP has been actively working on this front.

Dr Wilson cited a number of cases like the Policy Note on the discriminatory levy of GIDC on selective fertilizer plants wherein CCP recommended that this cess be charged equally to all fertilizer plants to create a level-playing field in the urea market.

He also cited the PIA Haj fares case where CCP took notice of media reports that PIA was charging exorbitant Haj fares. CCP issued a Policy Note to the Government recommending it to modify the Bilateral Air Services Agreement (BASA) between Pakistan and Saudi Arabia. The recommendations were accepted and private airlines were allowed to operate flights on the route resulting in estimated savings of Rs.6 billion for consumers.