Competition Act

The Lok Sabha on Wednesday passed the Competition Amendment Bill 2022 without discussion amid vociferous protests by Congress-led opposition, which sought a probe in the Adani matter

Legislation likely to be introduced in ongoing Budget session of parliament

Panel comprising civil servants, experts will study if Competition Act, 2002 enough to deal with new digital economy

The proposed law however is not clear still on whether an application for settlements and commitments requires an admission of guilt

Meta, Amazon, Twitter, Google and other Big Tech companies have raised questions on the digital competition law recommended by the Parliamentary Standing Committee on Finance

The Commission in 2018 had found DLF in contravention of the Competition Act for abusing its dominant position and discriminatory practices

Dominant digital markets as gatekeepers, a sort of front-line regulator, is a turning point in competition law enforcement

Proposed Settlement and commitment mechanism

A Parliamentary panel on Tuesday recommended various changes to a bill to amend the competition law, including bringing cartels under the scope of settlements as a "pragmatic recourse". In its report tabled in the Lok Sabha, the Parliamentary Standing Committee on Finance also said the "current prima-facie opinion timeline and that of passing the order for approval of combinations, should remain unchanged". Under the Competition (Amendment) Bill, 2022 that was introduced in the Parliament on August 5, the corporate affairs ministry has proposed reducing the timeline for CCI to form a prima-facie opinion on a case to 20 days from 30 days. Also, it has proposed cutting down the timeline for approval of combinations to 150 days from 210 days. In this regard, the committee said that apprehensions were raised by the Competition Commission of India (CCI) and stakeholders that it will put the authority in a difficult and onerous position. "The committee is of the opinion that reducing th

New Bill, better training will help anti-trust regulator perform better, they add

We need to be sensitive to market demand while approving proposed acquisitions.

The apex court cleared the decks for the regulator to further probe and reach finality in the case it initiated in March 2021 against WhatsApp for alleged abuse of dominance

Bill proposes to let individual members of the 6-member board to decide on matters for faster disposal of cases

Appeal was against earlier order refusing to stay CCI probe into WhatsApp's new privacy policy

Several important deals in the digital space, like the Facebook-WhatsApp merger, have escaped CCI scrutiny due to current regulations

The regulator had taken suo moto cognisance of the matter after a report stated that 'Amazon copied products and rigged search results to promote its own brands, documents show'

The advisory applies to all terminals operated by APSEZ and third-party terminals at any of its 13 domestic ports in seven maritime states. This decision raises a number of issues

The Competition Commission of India (CCI) lawyer told the Court that when big players give discounts, they incur losses for a short time, but this pushes the smaller players out

The draft bill to amend the Competition Act, 2002, has been made public more than six months after an expert panel suggested sweeping changes to the law

NITI Aayog Vice-Chairman Rajiv Kumar highlighted the need for the CCI to develop oversight capabilities on data-related businesses, so as to prevent the amassing of power in a single conglomerate