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Competition Commission of India
The Competition Commission of India (CCI) is a statutory body of the Government of India which has been made responsible to enforce the Competition Act, 2002 in India. It also aims to prevent all unfair trade activities that have an ..
CCI Imposes Penalty on Pharma Companies and Trade Bodies
The Competition Commission of India (CCI) has imposed penalties on pharma companies as well as Madhya Pradesh Chemists and Druggist Association (MPCDA) and Indore Chemists Association (ICA) for indulging in anti-competitive trade practices. What was the case? The Madhya Pradesh ..
20 May 2019: CCI celebrates its 10th Annual Day
The Competition Commission of India (CCI) celebrated its 10th Annual Day on 20 May 2019. The date ‘20 May’ marks the notification of substantive enforcement provisions of the Competition Act, 2002. About Competition Commission of India CCI is a statutory ..
Month: Current Affairs - May, 2019
GeM and CCI Sign MoU
Government e Marketplace (GeM) and Competition Commission of India (CCI) have signed a Memorandum of Understanding to enable a fair and competitive environment in the e-Marketplace. Combating Anti-competitive practices Both CCI and GeM attach significant importance to the advanced analytical ..
Month: Current Affairs - February, 2019
Amazon-Witzig bid to acquire Birla's retail store chain gets CCI node
The Competition Commission of India has approved the deal wherein Samara Capital-backed Witzig Advisory Services and Amazon will acquire Aditya Birla Retail Ltd, which operates a supermarket store chain ‘more’. As per the deal, 99.99 per cent of the equity ..
Month: Current Affairs - January, 2019
Sangeeta Verma joins Competition Commission of India (CCI)
Sangeeta Verma, a former Indian Economic Services (IES) officer has joined the Competition Commission of India (CCI) as a member. The order of the Ministry of Corporate Affairs states that the central government has appointed Sangeeta Verma as the member of CCI for a period of ..