When CCI looks beyond agreements
CCI will be asked to study if the accountancy firms are misusing their dominant positions
The competition regulator is ill-equipped to handle the intricacies of digital markets
CCI may soon engage with Centre, states in formulating policies so that competition is not affected
For the model followed by cab aggregators, estimation of fares are done by algorithms on the basis of large data sets
The consortium in August had signed definitive agreements with the shareholders of Star Health to purchase the shares of leading private insurer
In yet another case of a fighting between a public sector firm and state authorities, the Supreme Court appointed a retired judge as the sole arbitrator
The regulator has been conducting an anti-trust investigation of the three companies for the past year
Euronext-listed Teleperformance, which reported consolidated revenue of about $4.7 billion, has 223, 000 employees across 350 contact centres in 76 countries
The Competition Commission of India (General) Regulations, 2009, also require filing of a soft copy of references
Looking beyond the lesser penalty regime, in its 10th year of existence, the CCI needs more branches, according to experts
CCI is an anti-competition watchdog that investigates cartels in government tenders or in private companies and was constituted following the Competition Act, which came into effect in 2002
The regulator has ordered a detailed investigation on a complaint filed by Noida Software Technology Park Ltd, which is into the business of satellite communication
During investigation, all the four firms had approached CCI seeking lesser penalties
Sikri, who is the third chairman of CCI, had assumed office in January 2016, replacing another former bureaucrat Ashok Chawla
The watchdog has been looking into the issue after the Jat agitation in early 2016 when ticket prices on Chandigarh to Delhi flights shot up sharply
There is also a need to maintain a delicate balance between innovation and fair competition to ensure product quality keeps pace with technology growth
Experts said the move would not result in any adverse impact on the CCI
It adds that on average 46 per cent of appeals pending before the appellate tribunal at the beginning of a given year remain unresolved for over 12 months
The competition commission of India (CCI) has expanded leniency norms to individuals making them eligible for waiver of or less penalty.The competition watchdog amended the rules for leniency norms for this purpose.Prior to this, only companies are eligible to apply to these norms.Business Standard recently wrote about the plans of CCI to expand the ambit of leniency programme to individuals.Competition lawyers state that the CCI is trying to strengthen the leniency provisions to bust more and more cartels in the country. Section 46 of the CCI Act has a provision called a "leniency programme". The nomenclature of the regulations -- "The Competition Commission of India (Lesser Penalty) Amendment Regulations, 2017"-- itself says much about these norms.This allows the waiving of or imposing of less penalty on parties to a cartel which inform about it. From the inception of the commission over 100 leniency applications have been filed but the commission has used this provision ...