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.
Bu hikaye Financial Express Mumbai dergisinin December 23, 2024 sayısından alınmıştır.
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Bu hikaye Financial Express Mumbai dergisinin December 23, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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