FBCCI and Competition Commission Meet to Promote Awareness
A view-exchange meeting titled “Awareness on the Competition Act, 2012 and the Functions of the Bangladesh Competition Commission” was held today at the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), aiming to ensure a fair business environment and to provide stakeholders with a clear understanding of the competition law. The meeting was jointly organised by the Bangladesh Competition Commission and FBCCI. The session was chaired by FBCCI Administrator Md. Abdur Rahim Khan, while Chairman (Secretary) of the Bangladesh Competition Commission A H M Ahsan attended the programme as the chief guest, said a press release.
In his address, the chief guest AHM Ahsan said that the primary objective of the Competition Act is not to punish anyone, but rather to prevent anti-competitive practices in the market and to maintain a balanced and healthy business environment. At the beginning of the meeting, Assistant Director of the Competition Commission Nuruddin Jobayer delivered a detailed presentation highlighting the objectives of the Competition Act, 2012, and the roles and responsibilities of the Bangladesh Competition Commission.
During the open discussion session, business leaders emphasised the need to enhance awareness of the Competition Act among grassroots-level business communities, particularly at the district level. They noted that compliance becomes difficult without a clear understanding of the law. The business representatives also strongly urged for the direct involvement of FBCCI and private sector stakeholders in the formulation and amendment of rules under the Act, as well as in the hearing processes of the Commission.
Among others, members of the Bangladesh Competition Commission Dr. Md. Akhtaruzzaman Talukder and Dr. Afroza Bilkis were present at the meeting. FBCCI Secretary General Md. Alamgir, former FBCCI directors, leaders of various chambers and associations, and representatives from the Ministry of Commerce, the Directorate of National Consumer Rights Protection, and the Consumers Association of Bangladesh (CAB) also attended the event.
