Share on LinkedInShare on LinkedIn

ARTICLE · 29 AUGUST 2023

CCI Publishes Draft Regulations On Settlement And Commitment Mechanism

Khaitan & Co.
Khaitan & Co.
Contributor
Khaitan & Co.

Khaitan & Co.

Founded in 1911, Khaitan & Co is a heritage law firm that has been a trusted adviser to leading...

View firm profile
Explore more from Khaitan & Co.

The Competition (Amendment) Act, 2023 (CAA23) which significantly amended the Competition Act, 2002 (Act) was enacted on 11 April 2023. A detailed overview of the CAA23 along with our views...

IndiaAntitrust/Competition Law

The Competition (Amendment) Act, 2023 (CAA23) which significantly amended the Competition Act, 2002 (Act) was enacted on 11 April 2023. A detailed overview of the CAA23 along with our views are available here, here, here and here. The CAA23 is being implemented in a staggered manner. Certain provisions which do not require supporting regulations for their implementation were notified on 18 May 2023, while the remaining provisions are expected to be notified once the Competition Commission of India (CCI) finalises the attendant regulations.

On 23 August 2023, the CCI released the draft (i) The Competition Commission of India (Settlement) Regulations, 2023 (Draft Settlement Regulations)1 and (ii) The Competition Commission of India (Commitment) Regulations, 2023 (Draft Commitment Regulations)2 for public consultation - the first in a series of expected regulations.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

The content of this document does not necessarily reflect the views / position of Khaitan & Co but remain solely those of the author(s). For any further queries or follow up, please contact Khaitan & Co at [email protected].

See more popular content from