Quick Summary
Union Minister of Finance and Corporate Affairs Smt. Nirmala Sitharaman virtually commemorated the 12th Annual Day of the Competition Commission of India (CCI) here today. The CCI was established under the Competition Act, 2002, on 20th May, 2009, when the substantive provisions concerning anti-competitive conduct came into force. Addressing the invitees as Chief Guest, Finance Minister Smt. Sitharaman highlighted the imperative for the competition watchdog to have a market-friendly and fo
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FAQ :
The CCI was established on 20th May 2009, under the Competition Act, 2002.
The Union Minister of Finance and Corporate Affairs, Smt. Nirmala Sitharaman, was the Chief Guest.
She urged the CCI to have a market-friendly and forward-looking approach, proactively engage with industry, and evolve with the speed and vision needed for the economy to thrive.
The 'CCI Journal on Competition Law and Policy' and CCI's Competition Advocacy Booklets translated into Bengali, Marathi, and Tamil were released.
He highlighted and appreciated the amendments made to the merger regime and observed that the Commission's market studies help build capacity for its regulatory mandate.
The CCI replaced physical filings with e-filings, conducted virtual hearings, and proactively issued a business advisory to help businesses coordinate activities for continued supply and fair distribution.
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