CCI's commitment regulations, 2024, have been chosen for detailed examination and the Rajya Sabha Secretariat has sought a detailed background note on the scheme as well as a list of stakeholders for consultation from the corporate affairs ministry, one of the persons quoted above said on condition of not being named.Under the commitment scheme, a party facing an investigation can commit to change its conduct in the market and if the offer is accepted by CCI, the probe will be dropped.This enables early market correction as the other alternative—investigation, imposing penalties and protracted litigation—would mean the anti-competitive practice may persist till a final decision on the case is arrived at.The ministry has also been asked to give information on the benefits of the competition law, impediments in its implementation and further scope for modifications.The move to review the commitment scheme comes in the context of businesses seeking to make it effective retrospectively from 2022.For an extended version of this story, go to livemint.com

RS panel to review CCI's commitment scheme

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is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 88 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.

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which gives digital readers unlimited access to 9,000+ magazines and newspapers for a monthly subscription price. Magzter also has the largest number of stories in the world with its game-changing ezRead 2.0 feature for its apps, which enables smartphone and small-screen mobile users to enjoy magazine content the way it was meant to be enjoyed, with article text that is easy to read and is accompanied by stunning videos and high resolution photography.

{{magzter}} is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 88 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.