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Podcast: businessline's State of the Economy Podcast
Episode: CCI's Bold Move: Draft Settlement & Commitment Regulations May Prove a Game Changer
Description: The Competition Commission of India (CCI) recently rolled out draft Settlement & Commitment regulations. The aim is to expedite the resolution of anti-competitive cases, promote compliance, and contribute to a more competitive and fair business environment in India.The move is very timely as the Indian system is clogged with delays sometimes running into a decade in certain competition cases, frustrating the hope for faster market corrections. So when the markets are dynamic and if relief comes after say ten years, then it doesn’t help anybody’s cause.These draft regulations—issued under the aeg...