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GeM and CCI join hands for fair environment in e-marketplace

ANI 

To enable a fair and competitive environment in e-marketplace, the Government (GeM) and the (CCI) has entered into a (MoU).

The was inked on February 6 by AK Gupta and CEO, GeM, S Members of CCI, UC Nahta and Sangeeta Verma were present on the occasion along with other officers of and GeM.

"Both and GeM appreciate the importance of advanced and processes for identification of malpractices like cartelisation. In order to pool their knowledge of the public procurement domain for detection of Anti-competitive practices the has been signed," said in a statement on Friday.

GeM is a state-of-the-art national public procurement platform of that has used technology to remove entry barriers for bona-fide sellers and has created a vibrant with a wide range of goods and services.

(CCI) is a statutory body of the Government of India, responsible for enforcing the Competition Act, 2002 throughout and to prevent activities that have an adverse effect on competition.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, February 08 2019. 16:44 IST
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