AdminFICCI, Competition Commission Hold Consultation on Competition Act, 2012
Dhaka, September 25,
2025: The Foreign Investors’ Chamber of Commerce and Industry
(FICCI) today hosted a consultation session titled “Competition Act 2012 and
the Functions of the Bangladesh Competition Commission” at its conference hall.
The session was chaired
by FICCI President Zaved Akhtar, with Bangladesh Competition Commission
Chairperson A.H.M. Ahsan as the chief guest. Also in attendance were FICCI
Board Member Sumitava Basu, senior Commission officials, and representatives
from FICCI’s member companies.
Addressing the event,
A.H.M. Ahsan underlined the importance of the law in strengthening market
fairness. “The Competition Act is a cornerstone for a healthy free-market
economy. Enacted in 2012, it empowers the Commission to curb cartels and
syndicates, protect consumer interests, and foster investment. Effective
enforcement will encourage innovation, create jobs, and drive sustainable
economic growth,” he noted.
In his remarks, FICCI
President Zaved Akhtar reaffirmed the Chamber’s commitment to fair business
practices. “FICCI represents nearly 200 leading companies from 35 countries
across 21 sectors. Our members believe in fair competition and a level playing
field. We want a strong and effective law that protects both industry and
consumers, while ensuring regulations do not unintentionally hinder business
growth,” he said.
Moderated by FICCI
Executive Director T.I.M. Nurul Kabir, the session featured constructive inputs
from officials of the Competition Commission and representatives of FICCI
member companies, who shared their thoughtful views on the implementation and
possible amendments of the law.
About FICCI:
Foreign Investors’ Chamber of Commerce & Industry (FICCI) the apex chamber of multinational companies has been working as the development frontier of Bangladesh by creating significant footprints in economic growth since its journey started in 1963. As a leading chamber, FICCI represents Foreign Investors from Thirty-five (35) countries across the globe in Twenty-one (21) sectors in Bangladesh. In its six decades of excellent journey, around 210 member companies of this chamber are contributing around 30% internal revenue of the government and representing more than 90% inward FDI in Bangladesh.
For further information
Please contact Ms. Subarna Mostafa, Assistant Manager, Communication and PR,
Contact No: +8801728045819 and e-mail: subarna.mostafa@ficci.org.bd
Best Regards,
T.I.M Nurul Kabir
Executive Director, FICCI
Email: info@ficci.org.bd,
