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Description

Closed consultation on draft Amendments to Competition Commission of India (General) Regulations

On 8 July 2024, the Competition Commission of India (CCI) closes the public consultation on the Draft Amendments to the Competition Commission of India (General) Regulations. The amendments aim to strengthen regulatory oversight and ensure compliance with CCI imposed measures. In particular, the amended regulations give the CCI the power to appoint agencies to assist in the implementation and monitoring of its orders and would remove the previous 90-day deadline for the CCI to issue a final order following an interim order. Further, the entities involved in the proceedings will be required to submit their financial statements.

Original source

Scope

Policy Area
Competition
Policy Instrument
Competition authority governance
Regulated Economic Activity
cross-cutting
Implementation Level
national
Government Branch
executive
Government Body
competition authority

Complete timeline of this policy change

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2024-06-06
in consultation

On 6 June 2024, the Competition Commission of India (CCI) opened a public consultation on the Draft…

2024-07-08
processing consultation

On 8 July 2024, the Competition Commission of India (CCI) closes the public consultation on the Dra…