Competition watchdog strikes a fine balance: Regulator & business facilitator
Financial Express Delhi|December 23, 2024
IT'S BEEN AN action-packed year for the competition watchdog, both in terms of the number of cases handled and the changes made in the current regulations aimed at strengthening the commission and creating a conducive environment for businesses.
MANU KAUSHIK

In March, the Competition Commission of India (CCI) introduced two much-needed tools—commitment and settlement—to reduce litigation and facilitate faster market corrections. Simultaneously, the commission launched the leniency-plus facility, designed to improve its cartel-detection mechanism.

According to experts, these tools, along with other amendments to competition laws, are set to make the enforcement procedures more smooth. "Amendments to general regulations, lesser penalty regulations, recovery of monetary penalty and combination regulations over the past year provide clarity and certainty for both enforcers and stakeholders," said KK Sharma, a competition lawyer.

Denne historien er fra December 23, 2024-utgaven av Financial Express Delhi.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

Denne historien er fra December 23, 2024-utgaven av Financial Express Delhi.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

FLERE HISTORIER FRA FINANCIAL EXPRESS DELHISe alt
Financial Express Delhi

At the G, India up against Head-strong Australia

● In-form batter declared fit for Boxing Day Test

time-read
2 mins  |
December 26, 2024
Financial Express Delhi

5 trains to run between Delhi and Kashmir

Heated coaches, airport-like security check

time-read
2 mins  |
December 26, 2024
Financial Express Delhi

Noted Malayalam writer Vasudevan Nair dies

NOTED WRITER AND Jnanpith award winner M T Vasudevan Nair, who had been undergoing treatment at a private hospital in Kozhikode (Kerala) following heart failure, has passed away, hospital sources said on Wednesday. He was 91.

time-read
1 min  |
December 26, 2024
Financial Express Delhi

Despite rising volume, muted crude prices help lower oil import bill

THE SOFTENING IN global crude oil prices over recent months has resulted in India's oil import bill contracting on a year-on-year basis in September, October, and November, despite import volumes rising in each of these months, latest petroleum ministry data shows.

time-read
2 mins  |
December 26, 2024
Financial Express Delhi

Heated coaches, airport-like security check

Heated coaches, airport-like security check

time-read
1 min  |
December 26, 2024
Financial Express Delhi

Prosperity through cooperation

The United National General Assembly (UNGA) adopted a resolution proclaiming 2025 as the International Year of Cooperatives with 'Cooperatives Build a Better World' as the theme.

time-read
3 mins  |
December 26, 2024
Financial Express Delhi

Office Leasing in Top Six Cities Hits Record: Report

WITH RISING DEMAND of premium workspaces, real estate consultant Anarock has said that realty firms are currently developing around 250 lakh square feet of office space across major cities for catering to the requirements of domestic and foreign companies.

time-read
1 min  |
December 26, 2024
Financial Express Delhi

The Angry Young Man

₹ impact on auto sector

time-read
1 min  |
December 26, 2024
Financial Express Delhi

Investors Get Good Exits in IPO Frenzy

A whopping ₹1.6 lakh crore has been mopped up in the primary market in 2024 by 90 firms, the highest so far in a year, topping the ₹1.19 lakh crore raised through IPOs in 2021 by 63 companies.

time-read
1 min  |
December 26, 2024
Financial Express Delhi

Impact on auto sector

However, the falling rupee presents challenges for import-dependent luxury carmakers like Mercedes-Benz, BMW, Audi, and Volvo.

time-read
1 min  |
December 26, 2024