The Competition Commission of India (Lesser Penalty) Regulations, 2009 (Leniency Regulations) have been amended by a notification issued on 22 August 2017 (Notification). The Leniency Regulations supplement Section 46 of the Competition Act, 2002, which sets out the statutory provision
Competition Law
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MCA’s Merger Control Exemption for Regional Rural Banks
The latest addition to the string of changes introduced by the Ministry of Corporate Affairs (MCA) this year is an exemption to Regional Rural Banks (RRBs) from the applicability of the merger control regime. The MCA introduced a notification on…
Emerging Trends in Market Power: An Update
The nature of regulations, enforcement authorities and their ability to enforce regulations has been known to have a profound effect on innovation.
As the internet transforms industrial processes, regulators across sectors and geographies are trying to achieve the right balance…
Private Enforcement under Indian Competition Law – A Roadmap
This article was first published in The Practical Lawyer
The Competition Act, 2002 (the Act) was brought into force inter alia with the objective of curbing anti-competitive behaviour which causes appreciable adverse effect on competition in the Indian market, to…
An Antitrust Time Machine: Application of Competition Act to Pre-Enactment Conduct
The enforcement of any new law can throw many issues. These become especially prominent in the case of a law that is brought into force in phases – i.e. different provisions are made operational at different times.
The Competition Act,…
Non-Compete Clauses: CCI Issues Guidance Note
Non-compete clauses form an important part of various corporate transactions. They provide purchasers some protection against competition from sellers so that they may benefit by obtaining the full value of the transferred assets (both tangible and intangible). Such non-compete clauses…
Indian Merger Control – 30 Day Filing Timeline Ceases to Exist!
Keeping with the slew of changes introduced this year, the Ministry of Corporate Affairs, Government of India (“MCA”) has yet again altered the Indian merger control regime, by doing away with the mandatory 30 day deadline for filings notifications, post…
Relief to Shipping Industry as Indian VSA Exemption is Extended
The Ministry of Corporate Affairs, Government of India has again extended the exemption granted to Vessels Sharing Agreements (VSA) of Liner Shipping Industry from the provisions of Section 3 (i.e., anti-competitive agreements) of the Competition Act, 2002 (as amended) (Act)…
Spanner in the Works? Judicial Challenge to the Finance Act, 2017
As soon as the details were disclosed, the Finance Bill, 2017 raised eye-brows[1] . Some noted that:
- To minimise the number of tribunals, the Finance Bill, 2017 sought to merge eight tribunals with other tribunals and amended provisions relating to
…
Where Do They Belong? Relevant Market Determination for Instant Communication Apps
Clear skies emerge as competition authorities across jurisdictions become more sure-footed in dealing with the ever growing (new) digital economy.
The Competition Commission of India’s (CCI) confidence in dealing with apps and technologies is reflected in its relevant market[1]…