India: Implemented parts of the Competition (Amendment) Bill including anti-competitive agreements regulation
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Description
Implemented parts of the Competition (Amendment) Bill including anti-competitive agreements regulation
On 18 May 2023, certain provisions from the Competition (Amendment) Bill including anti-competitive agreements regulations were implemented. In particular, the provision regarding the expansion of the scope of cartels to encompass hub and spoke arrangements entered into force. This means that companies involved in different business activities can now be held accountable for engaging in anti-competitive horizontal agreements if they actively facilitate or intend to facilitate such agreements.
Original sourceScope
Policy Area
Competition
Policy Instrument
Anti-competitive agreements regulation
Regulated Economic Activity
cross-cutting
Implementation Level
national
Government Branch
executive
Government Body
competition authority
Complete timeline of this policy change
Hide details
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