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Competition Commission Ordinance, 2007

Competition Commission Ordinance, 2007

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Published by asadjamal40
Cmopetition law in Pakistan
Cmopetition law in Pakistan

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Published by: asadjamal40 on Dec 05, 2009
Copyright:Attribution Non-commercial

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05/17/2013

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ISLAMAB4\D,TUESDAY,OCTOBER2,7007
PARTI
"~',;j,"""",',{!"
Acts,
Ordin~?,ces,
President)OrdersAndRegu,la,tions
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,
GOVERNMENTOFPAKISTAN
"
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MINISTRYOFLAW,JUSTICEANDHUMANRIGHTS
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r§I~/11ab~d,
he2/1dO'ct~H~r,2'007
No.2(1
)J2007-~ub.-ThefollowingOrdinancepromulgatedbythePresidentishereby'pubIishedforgegeralinformfltjon:-
ORDINANCENo,
LII
,OF2007'AN
ORDINANCE
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toprovidefr<.fi'~ecompeXili()/1ineill,spheres()[com/HerCiaLahd//conomicactivitytot!nhanceeC(Yl1ofJliC.ffici~ncyali;dtoproteCtconsi/masFomanti'llfJetitivebehaviour
"
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WHEREAS,tisexpedienttomakeprovisionstoensurt::,'freecompetitioninallspheresofcommerciala~de~9nol1licacti~itytoenhancee~opomi.F,efficiencyandtoprotectCOnSUlTIerS]:o'mimti-c.ompetitivebe,haviouri~nd
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provideforthe
,(1285)[876(07)/Ex.Gaz.r'
Rrice
:
Rs.'30.50
 
1286THSGAZETTE'OFPAKISTAN,EXTRA."
OpT.
2,200}
[PART
establishmentoftheCompetitionCommissionofPakistantomaintainandenhancecompetition;andformattersconnectedther~withorincidentalthereto;AND'v\IHEREAsJheNation,alAsseJ)lb)yisnotinsession.,~ndJheBresidenlissatisfiedthatdrcllmstances-existwhichrehderitnecessarytota](eimmediate,action;Now.THEREFORE.nexerciseof~thepowersconferredbyclause(I)ofArticle89oftheConstitutionofthe1~lamiG:RepublicofPakistan,thePresidentispleasedtomakeandpromul,gatethefollowingOrdinanqe\~CHAPTER-I
PRELIMINARYI.Shorttitle,extent,applicationand
commencement.~(I)ThisOrdinanceinayh~'calledtheC6mpetltionO'1'dinfmce,~2007,:'c"(2)Ite~tendstothewholeofPakistan.(3)Itsl1allapplytoallundertakingsandallactionsormattersthattakeplaceinPakistan1111distortcompetitionwithinPakistan..(4)n,shallcQmeintoforceatonce.
,
.
2.Detinitions.-(J)
'InthisOrdinance,unlessthereisanythingrepGgnantinthesubjectorcontext,-
'
(a)"acquisition"meansanychangeofcontrolofanundetakingbywayofacquisitionofshares,assetsoranyothermeans;
(b)"agr~ement"includesanyarrangement,understandingorpractice,whetherornotitisinwritingorintendedtobelegiilly.enforceable;
,
(c)"Chairman"meansthe'ChairmanoftheCommissionandincludestheActipgChairman;
.
I:
(d)
"CQIJ1missiol)"means;theCompetitionC'ommissionofPakistanestablishedundersection12;
(e)
"domInantposition"ofoneundertakingorseveralundertakings
ina
relevantmarketshalL.bedeem,edtoexistifsuchundertakingorundertakingshavetheabilitytobehavetoanappreciableextenti11dependentlyofcompetitors,customers,consumersandsuppliers
 
PART
I]THEQAZETTEOFPAKISTAN,EXTRA.,OCT.2,20071287andthepositionofanundertakil)gshallbeprysumedtobedominantifitsshareoftherelevantmarketexceedsfortypercent;
(t)
"goods"includesanyitem,rawmaterial,productorby-productwhichissold-forcdnsideration;t
.
(g)
"Men\ber"rjleansamemberoftheCommission;(h)
"merger"meansthemerger,acquisition,amalgamation,combinationorjoiningoftwoormoreundertakingsorpartthereofintoanexistingundertakingiortoformanewundertaking;.andexpression"merge"meanstomerge,acquire,amalgamate,combineorjoin,asthecontextmayre,quIre;(i)"Minister"meanstheFederalMinisterforFinanceand,inhisabsence,theAdviser~'othePririleMinisteronFinance;
.
(j)
~
"Ordinance",meanstheCompanies,Ordinance,1984(XLVIIof1984);'(k)
"relevantmarket"meansthemarketwhichshall;;bedeterminedbytheCommissionwithreferencetoaproductmarketandageographicmarketandaproductmarketcomprisesallthoseproductsorserviceswhichareregardedasinterchangeableorsubstitutablebytheconsumer'byreasonofthe'products'characteristiCs,prices'andintendeduses.Ageographicmarketcomptisestheare'ainwhichtheundertakingsconcernedm:einvolvedinthesupplyofproductsorservicesandinwhichtheconditionsofcompetitionaresufficientlyhomogeneousandwhichcanbedistinguishedfromneighboringgeographicareasbecause,inparticular,theconditionsofcompetitionareappreciably'differentinthose'areas;
.
(I)"retailer",inrelationtothesaleofanygoods,means,aper,sonwhosells'thegoodstoanyotherpersqnotherthanforre-sale;
"
I
(m)
"regulations"meanstheregulationsmadebytheCommissionunderth,i,sOrdinance;
(n)"rules",meanstherulesmadebytheFederalGovernmentunderthis
Ordinance;
,
(0)
"servic<t:'means)aserviceofanydescliptionwhetherindustrial"trade,professionalorotherwise;

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