The Government of India ammends the 2002 Competition Act by extending its jurisdiction and updating the appeals process

The Competition (Amendment) Bill, 2012 introduced in Lok Sabha* The Government of India in June, 2011 constituted an expert committee to examine and suggest the modifications in the Competition Act, 2002 (“Act”). After much deliberations the expert committee, has come out with suggestions to amend the Act and thus the Competition (Amendment) Bill, 2012 has been introduced in Lower House of Parliament (Lok Sabha) on December 07, 2012. The salient feature of the bill includes: 1) Definition of turnover

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  • Vaish Associates, Advocates (New Delhi)

Quotation

Man Mohan Sharma, The Government of India ammends the 2002 Competition Act by extending its jurisdiction and updating the appeals process, 7 December 2012, e-Competitions Bulletin December 2012, Art. N° 87762

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