Introduction
The Competition Commission of India
("CCI") is an active regulatory body
and, in a short span, has made its presence felt across a wide
spectrum of industry. The substantive provisions of the Competition
Act, 2002 ("Act") pertaining to
"anti-competitive agreements"1 and "abuse
of dominant position"2 were implemented in 2009,
while merger control became effective from June 01, 2011. In the
recent years, the CCI has analyzed and ruled on various provisions
of the Act in several orders, and, in the process, highlighted the
lacunae where the Act could possibly be amended.
On December 10, 2012, the Indian government introduced the
Competition (Amendment) Bill ("Bill") in
the parliament. This Bill aims to modify certain provisions of the
Act, as well as insert some new provisions, to meet the evolving
needs of industry. The Bill still has to be debated and passed by
two houses of the parliament before it becomes law. The present
newsletter analyses some of