ULAB Roundtable Tackles Competition Policy Print

ULAB Roundtable Tackles Competition Policy.

The Media Studies and Journalism (MSJ) Department of the University of Liberal Arts Bangladesh (ULAB) will hold a Roundtable Discussion entitled “Competition Policy and the Media in Bangladesh” on August 12, 10:00 to 12:00 at the ULAB Auditorium.  The discussion takes off from a quote from the World Bank’s World Development Report 2000-01: “Markets work for the poor because poor people rely on formal and informal markets to sell their labour and products, to finance investment, and to insure against risks. Well-functioning markets are important in generating growth and expanding opportunities for poor people.”  From here, the speakers – ABM Hamidul Mishbah (Advocate, Supreme Court of Bangladesh), Dr. Enamul Haque (Economics Professor, United International University), Kazi Faruk (General Secretary, Consumers Association of Bangladesh) and Tanim Ahmed (Assistant Editor, bdnews24.com) tackle the importance of the current debate on Competition Policy and Law in the country.

According to ABM Hamidul Mishbah, the biggest challenge in Bangladesh today is to get rid of the abject poverty that deprives a large section of the population a dignified life. Bangladesh, in the absence of appropriate legal instruments, has been infected by number of anti-competitive and unfair trade practices like cartels, hoarding, and collusive pricing and reducing supply of basic commodities. This leads to the growing demand for developing a comprehensive legal framework that can combat the anti-competitive practices and ensure a competitive environment serve to enhance economic development and growth. Competition policy and law plays probably the most significant role in promoting competitiveness, innovations and growth in the market. It helps to create not only an enabling environment for entrepreneurial development, employment generation, market efficiency and consumer’s access to goods and services at a reasonable cost but also to build democracy through fairness and reduction of corruption and poverty.”

 Since the Bangladesh government is underway to adopt a Competition Policy and Law, the MSJ Department has taken the initiative to hold this discussion to enlighten the media and citizens regarding its significance.  The roundtable discussion will be facilitated by Assistant Professor Hillol Sobhan.  ULAB opened its doors in October 2004 after obtaining permission from the University Grants Commission.  The MSJ Department has three study concentrations – Mass Communication, Journalism and Digital Production.  It has around 200 students at present. It plans to launch a study concentration on Business Journalism, Public Relations and Digital Film Making next year.

ULAB Roundtable Tackles Competition Policy.

The Media Studies and Journalism (MSJ) Department of the University of Liberal Arts Bangladesh (ULAB) will hold a Roundtable Discussion entitled “Competition Policy and the Media in Bangladesh” on August 12, 10:00 to 12:00 at the ULAB Auditorium.  The discussion takes off from a quote from the World Bank’s World Development Report 2000-01: “Markets work for the poor because poor people rely on formal and informal markets to sell their labour and products, to finance investment, and to insure against risks. Well-functioning markets are important in generating growth and expanding opportunities for poor people.”  From here, the speakers – ABM Hamidul Mishbah (Advocate, Supreme Court of Bangladesh), Dr. Enamul Haque (Economics Professor, United International University), Kazi Faruk (General Secretary, Consumers Association of Bangladesh) and Tanim Ahmed (Assistant Editor, bdnews24.com) tackle the importance of the current debate on Competition Policy and Law in the country.

According to ABM Hamidul Mishbah, the biggest challenge in Bangladesh today is to get rid of the abject poverty that deprives a large section of the population a dignified life. Bangladesh, in the absence of appropriate legal instruments, has been infected by number of anti-competitive and unfair trade practices like cartels, hoarding, and collusive pricing and reducing supply of basic commodities. This leads to the growing demand for developing a comprehensive legal framework that can combat the anti-competitive practices and ensure a competitive environment serve to enhance economic development and growth. Competition policy and law plays probably the most significant role in promoting competitiveness, innovations and growth in the market. It helps to create not only an enabling environment for entrepreneurial development, employment generation, market efficiency and consumer’s access to goods and services at a reasonable cost but also to build democracy through fairness and reduction of corruption and poverty.”

 Since the Bangladesh government is underway to adopt a Competition Policy and Law, the MSJ Department has taken the initiative to hold this discussion to enlighten the media and citizens regarding its significance.  The roundtable discussion will be facilitated by Assistant Professor Hillol Sobhan.  ULAB opened its doors in October 2004 after obtaining permission from the University Grants Commission.  The MSJ Department has three study concentrations – Mass Communication, Journalism and Digital Production.  It has around 200 students at present. It plans to launch a study concentration on Business Journalism, Public Relations and Digital Film Making next year.