Paper Title
Development in competition law
Article Identifiers
Authors
Monika Pehlu
Keywords
Competition Act 2002, Competition (Amendment)Act 2023,
Abstract
ABSTRACT The Competition Act, 2002 is a modern economic legislation that provides the legal framework to deal with competition issues in a market driven economy. Now Competition (Amendment) Act, 2023, has empowered the Competition Commission of India (CCI) by providing tools that are in line with international best practices. The new features such as deal value–based criteria for notifying mergers and acquisitions, settlements and commitments for ensuring quicker decisions and speedy market corrections, reduction in timelines for approving combinations, and leniency plus, were introduced within the existing law are discussed in this Article. Further the benefits of the Amended Provision of the Act is also highlighted in this Article.
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How To Cite (APA)
Monika Pehlu (November-2023). Development in competition law. INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT, 8(11), c94-c105. https://ijnrd.org/papers/IJNRD2311213.pdf
Issue
Volume 8 Issue 11, November-2023
Pages : c94-c105
Other Publication Details
Paper Reg. ID: IJNRD_209180
Published Paper Id: IJNRD2311213
Downloads: 000121985
Research Area: Other
Country: kurukshetra , Haryana , India
Published Paper PDF: https://ijnrd.org/papers/IJNRD2311213.pdf
Published Paper URL: https://ijnrd.org/viewpaperforall?paper=IJNRD2311213
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