The Indian Government introduces draft bill to overhaul the Competition Act and invites public to comment

Agarwal, Vivek

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12 Feb 2020

The Indian Government introduces draft bill to overhaul the Competition Act and invites public to comment

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Reference

Indian Government, Draft Competition (Amendment) Bill, 2020, Draft Report, 12 February 2020

With a view to update the Competition Act, 2002 (Act) and associated regulations, the Indian Government constituted the Competition Law Review Committee (Committee) in October 2018. [1] The Committee submitted its report (Report) to the Government on 14 August 2019. [2] Based on the recommendations made in the Report, the MCA has introduced a draft Competition (Amendment) Bill, 2020 (Draft Bill) to overhaul the Act. The notification of the Government [3] invites comments from the public on the Draft Bill until 6 March 2020. The Draft Bill proposes certain significant amendments to the Act, including: (a) imprisonment for non-compliance with directions of the Director General (DG); (b) commitment and settlement procedure in non-cartel cases; (c) more expeditious combination review

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Auteur

Vivek Agarwal
DMD Advocates (New Delhi)

Inde 2 contributions 307 visites

Citation

Vivek Agarwal, The Indian Government introduces draft bill to overhaul the Competition Act and invites public to comment, 12 février 2020, e-Competitions February 2020, Art. N° 93463

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