India: Opened consultation on the Competition Amendment Bill 2020
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Description
Opened consultation on the Competition Amendment Bill 2020
On 20 February 2020, the consultation for the Competition Amendment Bill 2020, which aims to expand the scope of the competition rules to the digital realm, is launched. The Draft Law proposes the expansion of the definitions of “control” and “group”, provides a new merger review process and outlines new obligations for companies. Furthermore, the Draft Bill suggests expanding the central government powers to enable it to change the thresholds for merger control.
Original sourceScope
Policy Area
Competition
Policy Instrument
Anti-competitive agreements regulation
Regulated Economic Activity
cross-cutting
Implementation Level
national
Government Branch
executive
Government Body
other regulatory body
Complete timeline of this policy change
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2020-02-20
in consultation
2020-03-06
processing consultation
2022-08-05
under deliberation
2023-03-29
under deliberation
2023-04-03
adopted
2023-04-11
under deliberation