Category Thematic Areas

Competition (Amendment) Act 2023: A Step Towards Promoting Competition in India

The Competition (Amendment) Bill 2023 was passed by the Indian Parliament on March 29, 2023. The bill amends the Competition Act, 2002, which was the primary law governing competition in India. The amendments aim to strengthen the Competition Commission of India (CCI) and make it more effective in preventing and punishing anti-competitive practices. It is too early to assess the impacts it has brought, as the act has been in development partially.

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