The Competition Commission of India (CCI) is reviewing stakeholders' comments on the proposed regulations for the determination of cost of production, according to its chief Ravneet Kaur. As part of efforts to update the framework for assessing predatory pricing, the watchdog came out with the draft rules in February. "On the regulatory and policy front, the Commission initiated public consultation on the draft 'The Competition Commission of India (Determination of Cost of Production) Regulations, 2025'. We have received stakeholder comments and they are currently under review," Kaur said. In her message in the CCI's latest quarterly newsletter for the January-March period, Kaur also said the regulator remained active in scrutinising combinations to ensure they do not impede market competition. Competition law prohibits predatory pricing as an abusive conduct by a dominant enterprise. CCI's review of the existing regulations is aimed to align them with modern economic theories, ..
Industry executives have observed a decline in the share of the Rs 5 segment within the FMCG market, which was 35 per cent two years ago
The higher costs in Mumbai can be attributed to the increased prices of essential construction materials like cement, reinforced steel, structural steel, and stones
The government has asked airlines to exercise moderation and ensure a balance in pricing of air tickets amid a spike in airfares on certain routes especially after suspension of flights by crisis-hit Go First, according to a senior official. While making it clear that there are no plans to regulate airfares, the official said there should not be a huge gap between the tickets sold in the lower and upper fare buckets by the airlines. India is one of the fastest growing civil aviation markets in the world and domestic passenger traffic has been rising after being significantly impacted by the coronavirus pandemic. After cash-strapped Go First stopped flying from May 3, there has been a significant rise in airfares on certain routes that were operated by the budget carrier. The routes include Delhi-Srinagar and Delhi-Pune. Also, the reduction of capacity due to the Go First crisis has come at a time when peak domestic air travel period is round the corner. The senior civil aviation ..
The core CPI (which was sticky for almost one year) also moderated to almost 2-years low to 5.74 per cent in March 2023, said Ghosh
Regulator looking to cap prices of Sitagliptin, Linagliptin and combinations
The sector needs urgent pricing reforms
Unlike many other UPA policies the NDA govt overruled or renamed, petroleum pricing had a clear policy direction for the past eight years