Bangladesh Competition Commission
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Bangladesh Competition Commission () is a
Bangladesh government The Cabinet of Bangladesh ( bn, বাংলাদেশের মন্ত্রিসভা) is the chief executive body of the People's Republic of Bangladesh. The cabinet is the collective decision-making body of the entire government under ...
statutory body responsible for encouraging competition in the market. Mr. Pradip Ranjan Chakraborty, former Secretary of the Planning Division is the Chairperson of Bangladesh Competition Commission. He joined this position on 8th November 2022.


History

Bangladesh Competition Commission was established in 17 December 2012 as per provision of The Competition Act, 2012 in the Parliament of Bangladesh. The Act repealed and replaced the Monopolies and Restrictive Trade Practices Ordinance, 1970. The purpose of the Commission is to prevent, control and eradicate collusion, monopoly and oligopoly, combination or abuse of dominant position or activities adverse to the competition. The commission consists of a Chairperson and not more than 4 (four) members. Among them at least 3 persons will make a quorum. It is responsible for compliance of the Competition Act, 2012.{{cite news , title=Competition Law in Bangladesh Analyzing the growth and future prospects - Law & Justice - observerbd.com , url=https://www.observerbd.com/details.php?id=184845 , accessdate=4 August 2020 , work=The Daily Observer


References

{{reflist, 2 1976 establishments in Bangladesh Organisations based in Dhaka Government agencies of Bangladesh {{Bangladesh-org-stub