Corporate Law : Explore the clash of jurisdictions between CCI and sectoral regulators like TRAI, SEBI, and PNGRB in India, analyzing legislative ...
Corporate Law : Explore legal approaches to ensure fair competition amidst data monopolies. Learn how competition law intersects with consumer rig...
Corporate Law : Explore intersection of competition law and telecom regulation, focusing on abuse of dominance and jurisdictional conflicts betwee...
Corporate Law : This article delves into the contemporary landscape of antitrust enforcement, exploring the legal mechanisms and strategies employ...
Corporate Law : Explore nuanced process of determining market dominance under Section 4(2)(e) of Competition Act, 2002. Analyze legal precedents, ...
Corporate Law : Explore the proposed amendments to Regulations 35, 37, and 50 of the Competition Commission of India (General) Regulations 2009. L...
Corporate Law : The Competition Commission of India (CCI) seeks feedback on the draft regulations for determining turnover or income. Share your c...
Corporate Law : Stay informed on the latest CCI (General) Regulation amendments for Interlocutory Applications. Learn about numbering, fees, and s...
Corporate Law : Discover how the Draft CCI Lesser Penalty Regulations, 2023, may promote competition compliance and encourage full cartel disclosu...
Corporate Law : Confederation of All India Traders (CAIT) seeks urgent action against Amitabh Bachchan and Flipkart for a misleading ad targeting...
Corporate Law : Explore the Competition Commission of India’s decision in Anil Bansal vs. Indiabulls Housing Finance Limited, focusing on allega...
Corporate Law : Competition Commission of India dismissed allegations against sugar mills and associations for bid-rigging and price-fixing in the...
Corporate Law : Saint Gobain India Pvt. Ltd. faces allegations of anti-competitive practices under the Competition Act, 2002, involving exclusive ...
Goods and Services Tax : Detailed analysis of Competition Commission of India's order regarding Cinema Ventures Pvt Ltd not passing GST rate reduction bene...
Goods and Services Tax : The average base price of tickets sold before and after the GST rate reduction was compared. The DGAP found that the company had n...
Corporate Law : Competition Commission of India announces new regulations and penalty guidelines to streamline competition law enforcement. Read m...
Corporate Law : The Ministry of Corporate Affairs (MCA) adjusts asset and turnover values under Competition Act Section 5. Explore the impact and ...
Corporate Law : Learn about the Ministry of Corporate Affairs' notification enhancing de minimis thresholds under Section 54 of the Competition Ac...
Corporate Law : Delve into the Competition Commission of India's (CCI) regulations on determining turnover or income, exploring amendments, stakeh...
Corporate Law : Explore the Competition Commission of India (Settlement) Regulations, 2024. Learn about the settlement process, changes, and its i...
The Competition Appellate Tribunal (COMPAT) is established under Section 53A to hear and dispose of appeals against any direction issued or decision made or order passed by the Commission under specified sections of the Act.
The Competition Act, 2002, follows philosophy of modern competition laws and aims at fostering competition and at protecting Indian markets against anti competitive practices by enterprises. The Act prohibits anti-competitive agreements, abuse of dominant position by enterprises, and regulates combinations (mergers, amalgamations and acquisitions) with a view to ensure that there is no adverse effect on competition in India.
To sum up, the policy planners, public procurement officials and CCI should work together as a team to deter bid rigging through robust enforcement, increased vigilance, and better designed public procurement programs.
Cartels are agreements between enterprises (including a person, a government department and association of persons / enterprises) not to compete on price, product (including goods and services) or customers. The objective of a cartel is to raise price above competitive levels, resulting in injury to consumers and to the economy. For the consumers, cartelisation results in higher prices, poor quality and less or no choice for goods or/and services.
The information can be filed on the issues like anti-competitive agreements and abuse of dominant position or a combination which causes or is likely to cause an appreciable adverse effect on competition in the markets in India.
Compliance involves the active efforts on the part of an enterprise to comply with the provisions of the Act. When the enterprise takes certain necessary and concrete steps to ensure that knowingly or unknowingly it does not infringe the provisions of the Competition Act, 2002, it can be stated to follow a ‘Competition Compliance Programme’.
Q.1 WHAT IS COMPETITION IN THE MARKET? a In common parlance, competition in the market means sellers striving independently for buyers’ patronage to maximize profit (or other business objectives). a A buyer prefers to buy a product at a price that maximizes his benefits whereas the seller prefers to sell the product at a price […]
REVISED THRESHOLDS On March 4, 2016, the Central Government issued notifications pertaining to the statutory thresholds for the purposes of “combinations” under Section 5 of the Competition Act, 2002 (Act). 1. Increase in thresholds: Pursuant to Notification No. S.O. 675(E) dated March 4, 2016, the value of assets and the value of turnover has been […]
Central Government in consultation with the Competition Commission of India, hereby enhances, on the basis of the wholesale price index, the value of assets and the value of turnover, by hundred per cent for the purposes of section 5 of the said Act,
Central Government, in public interest, hereby exempts the ‘Group’ exercising less than fifty per cent. of voting rights in other enterprise from the provisions of section 5 of the said Act for a period of five years with effect from the date of publication of this notification in the official gazette.