CCP to examine competition concerns in Pakistan’s real estate sector

The Competition Commission of Pakistan has said it will examine deceptive marketing and other competition issues in the property market, including false claims about project approvals and undisclosed fees. Business Recorder reported that the watchdog will hold an open hearing on August 27 and has invited consumers, investors, developers, builders and industry bodies to share their experiences directly with the commission.

A statement released on Tuesday tied the hearing to complaints about deceptive and anti-competitive conduct within the sector. The commission said claims on approvals, features and charges can strongly shape investment choices, and buyers who commit large sums based on false or misleading representations may face serious consequences. It stressed that accurate and transparent information is essential for informed choices and fair competition.

The CCP cited Section 10 of the Competition Act, 2010, which prohibits deceptive marketing, including the spread of false or misleading information likely to harm consumers or rival businesses. The hearing itself is held under Section 29(c), which allows the regulator to convene open sessions on competition matters. Points raised by participants will be weighed when the commission forms its opinion and recommendations.