Competition Law in Pakistan has assumed great importance in the wake of economic reforms. The Monopolies and Restrictive Trade Practices (Control and Prevention) Ordinance, 1970 has been repealed by new Competition Law.
The new law prohibits situations which tend to lessen competition such as actions constituting an abuse of market dominance, competition restricting agreements and deceptive market practices. Although essentially an enabling law, it briefly sets out procedures relating to review of mergers and acquisitions, enquiries, imposition of penalties, grant of leniency and other essential aspects of law enforcement.
The Firm’s experienced lawyers cover all areas of competition law in Pakistan.
The Firm is noted for the strength of its IP rights practice, and handles many issues that require combined IP rights and competition law expertise, such as exclusive licenses.