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The federal government has notified the provisions referring to settlement and dedication underneath the competitors legislation. The Competitors Fee of India (CCI) has additionally notified the rules pertaining to those provisions.
Commitments or settlements might be provided for instances involving anti-competitive vertical agreements and abuse of dominant place, besides cartelisation, at totally different levels of investigation.
The company affairs ministry and CCI have issued notifications concerning the provisions and rules.
Based on Vaibhav Choukse, Companion and Head of Competitors Regulation at JSA Advocates and Solicitors, these provisions will improve CCI’s regulatory course of, together with swifter market corrections, particularly in fast-changing digital markets.
