The Competition (Amendment) Bill 2022 was recently passed by the Lok Sabha with the aim of promoting fair competition in the market and preventing anti-competitive practices. The bill was originally introduced in the lower house on August 5, 2022, and ..
Category: Legal & Constitution Current Affairs
The post of Chairman of the Competition Commission of India has been vacant since the retirement of Mr.Ashok Kumar Gupta in October 2022. Also, currently, there are only 2 members in the CCI. There are many mergers and acquisitions pending ..
The Competition Act aims to promote healthy competition in India. The main intention of the act is to avoid monopoly. Take Facebook for instance. Some economists are of the opinion that Facebook exhibits a monopoly. Meaning, it wants to rule ..
The United States Justice Department recently sued Google alleging the company of illegally abusing it in the internet search. According to the department, Google is illegally using its dominant position in the internet market to advertise deals. Highlights The US ..