CCI, IICA hold workshop on Competition law

The Competition Commission and IICA held a five-day workshop to help legal practitioners, law students, researchers and corporate entities understand the country's anti-trust law.
The workshop, which took place from July 1-5, explored the major aspects of competition and the Competition Act, including understanding the substantive and procedural aspects of the law, among others, an official statement said.
As many as 40 participants were guided and informed by an equal number of faculty members and speakers from the legal and commercial world and the Competition Commission of India (CCI), it added.
Speaking at the valedictory function of the same workshop, Competition Appellate Tribunal (COMPAT) Chairperson Justice V S Sirpurkar held forth his views on the need for systemic changes across the board to give teeth to the Competition Act and energise its application and implementation.

"We need to make a concerted effort at advocacy, orient the PSU executives towards the principles of competition and create rules in consonance with Indian requirements keeping global practices as guidelines alone," the statement said quoting Sirpurkar.