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This profile was last updated on 3/21/13  and contains information from public web pages.

Ms. Rahat Kaunain Hassan

Wrong Rahat Kaunain Hassan?
 
Background

Employment History

  • Chairperson
    Competition Commission of Pakistan
  • Chairperson
    The Com-petition Commission of Pakistan

Education

  • LLM degree
    Kings College , London
  • LLB degree
    University of Punjab
21 Total References
Web References
Ms. Rahat Kaunain Hassan, ...
www.ksbl.org, 21 Mar 2013 [cached]
Ms. Rahat Kaunain Hassan, Chairperson, Competition Commission of Pakistan; Mr. Abdul Ghaffar, Member; Ms. Vadiyya S. Khalil, Member and Mr. Asfandyar Khattak, Senior Joint Director; visited KSBL Campus on Wednesday, November 14, 2012.
LAHORE: Pakistani laws perhaps are more ...
www.taiwansnews.net, 21 Oct 2012 [cached]
LAHORE: Pakistani laws perhaps are more open and vibrant as compared to other countries in the region, said Rahat Kunain Hassan, chairperson of the Competition Commission of Pakistan (CCP), on ...
CCP Chairperson Rahat Kaunain ...
www.brecorder.com, 9 Aug 2010 [cached]
CCP Chairperson Rahat Kaunain Hassan, who also heads the OFT, has taken this initiative to facilitate the submission of complaints.
She has set up the OFT to facilitate individual consumers and undertakings under the strategy to check anti-competitive practices among companies.
IJSG - World Jute News
www.jute.org [cached]
This was disclosed by the CCP Chairperson Rahat Kuanain Hassan, while addressing the members of the Lahore Economic Journalists Association here on Thursday.
CCP chairperson said that the commission's policy of targeting business malpractices through dialogue had begun to yield positive results as several businesses had shown willingness to curtail anti-competitive practices. "We, as a competition agency, do not want to scare businesses but to discipline them," she stressed. Ms Hassan termed the latest CCP move against collusive market behaviour of jute mills as a landmark in the history of the commission. She revealed that it was the first instance when some businessmen admitted their fault, so the commission took a lenient view while imposing a penalty of Rs 23 million of which the PJMA was slapped with a penalty of Rs 5 million and big players Rs 2 million each while two small jute mills were imposed a fine of Rs 1 million each. She said that that the PJMA had admitted to its contravention and pledged to reform itself in line with competition laws.
The CCP ackonwledged their cooperation in this regard and their willingness to reform, she added. Responding to a question, she said cartelisation was a criminal offence everywhere in the world and the commission was compelled to act. Referring to the jute mills case, she pointed out that the commission had imposed a token penalty on jute millers when compared with penalties imposed on other cartels exposed by the CCP.
However, the final decisions of these cases would impact on competition and fair trade practices in the country. "Whether the CCP orders are upheld or rejected, a judicial precedent will be set for the future," she added.
...
t was disclosed by the CCP Chairperson Ms Rahat Kuanain Hassan, while addressing the members of the Lahore Economic Journalists Association here on Thursday.
CCP Chairpersons said that the Commission's policy of correcting business behaviour through dialogue had started producing results as several businesses had shown their willingness to curtail anti-competitive practices. "We, as a competition agency, do not want to scare businesses but want them to come in discipline," she said.
Ms Hassan termed the latest CCP decision on wrong market practices of jute mills as a landmark in the history of the commission. She revealed that it was the first instance when some businessmen admitted their fault, so the commission imposed a penalty of Rs 23 million of which the PJMA was slapped with a penalty of Rs 5 million and big players Rs 2 million each while two small jute mills were imposed a fine of Rs 1 million each. She said that the PJMA had admitted the wrong doing and given a pledge to reform themselves in line with competition laws.
Responding to a question, she said cartelisation was a criminal offence everywhere in the world and the commission had to impose some penalty. Referring to the jute mills case, she pointed out that the commission had imposed a token penalty on jute millers when compared with penalties imposed on other cartels exposed by the CCP.
KSBL News & Events | KSBL
www.ksbl.org [cached]
Ms. Rahat Kaunain Hassan, Chairperson, Competition Commission of Pakistan; Mr. Abdul Ghaffar, Member; Ms. Vadiyya S. Khalil, Member and... more
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