FM Nirmala Sitharaman commemorates 12th Founding Day of CCI via virtual mode



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Finance Minister Nirmala Sitharaman virtually attended the 12th Founding Day of the Competition Commission of India (CCI). She emphasised the need for the CCI to adopt a market-friendly and forward-looking strategy, especially in the post-pandemic economic recovery. The Minister urged the CCI to proactively engage with industries, listen to their concerns, and ensure fair market practices flourish. During the event, the 'CCI Journal on Competition Law and Policy' and competition advocacy booklets were released in regional languages.

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-c
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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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