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ARTICLE · 31 AUGUST 2009

India´s Competition Regime: Gaining Momentum

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The Competition Commission of India (Lesser Penalty) Regulations, 2009 have been published in the official gazette. These regulations are the Competition Commission of India’s (CCI) version of the successful leniency programs in the United States and Europe.

IndiaAntitrust/Competition Law
Kiran Desai
Kiran Desai
Manu Mohan
Manu Mohan
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Originally published August 27, 2009

Keywords Antitrust, India, Competition Commission of India, penalty regulations, penalty reduction

The Competition Commission of India (Lesser Penalty) Regulations, 20091 have been published in the official gazette. These regulations are the Competition Commission of India's (CCI) version of the successful leniency programs in the United States and Europe. A key difference with the US and EC model is that ringleaders are not expressly denied the opportunity to make a claim for the 100 percent penalty reduction. The provisions of the Competition Act, 2002 (CA 2002) relating to anti-competitive agreements and prohibition of abuse came into force on 20 May 2009.

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