Tag: draft regulations

Competition Commission of India (CCI), on Wednesday, issued draft regulations on settlement and commitment pursuant to the recent amendments in the Competition Act, 2002. Two separate draft regulations for Settlement and Commitment have been issued for public and stakeholder comments. The fair trade regulator has given a 21-day window (August 24 to September 13) for stakeholders to submit their written comments.In competition law jurisprudence, commitment refers to a process, where a company under investigation, offers to change its business practices to address the concerns raised by the competition authority....