A PYMNTS Company
Big Tech and Competition – The Future for Sustainable Regulations and Policies
 |  Jul 8, 2024

By Anupam Sanghi1 “Intelligence and creativity, it would appear, are not a human monopoly” - Alvin Toffler   I. Introduction The power of imagination is what separates the new and...

Removal of Standstill Obligations for Open Market Transactions Under the 2023 Competition Amendment Act
 |  Feb 6, 2024

By Ratnadeep Roychowdhury, Khyati Dalal, Parina Muchhala1   I. Introduction The Competition (Amendment) Bill, 2023 received presidential assent on April 11, 2023 to become the Competition (Amendment) Act, 2023 (“Amendment...

Open Network for Digital Commerce: The Multiverse of Platforms
 |  Dec 13, 2023

By Tanaya Sethi1 & Raagini Agarwal2   The Open Network for Digital Commerce (“ONDC”) was launched in India in 2022. A network which started with pilot projects in a few...

Settlement and Commitments in India: Tools for Effective and Timely Enforcement?
 |  Aug 20, 2023

By Sonam Mathur, Shubhang Joshi & Riya Shah1   In April 2023, the Indian Parliament passed the Competition Amendment Act, 2023 (“Amendment Act”), to amend the Competition Act, 2002 (“Competition...

A Competition Law for Shaping the Future of the Indian Economy: Competition Commission of India 2.0
 |  May 14, 2023

By Dr. Sangeeta Verma1   It may seem obvious and trite that fair and competitive markets are essential for economic growth. Competition is recognized as a catalyst for development and production, as increased competition sharpens incentives to reduce costs and enhance productivity. As we all know, India has completed more than 30 years of truly […]

Section 48A of the Amended Competition Act – A “Settlement” on Quicksand?
 |  Apr 4, 2023

By Anisha Chand & Tanveer Verma1   On March 29, 2023, the Lower House of the Indian Parliament passed significant amendments to the Competition Act, 2002 (“Competition Act”), the chief legislation dealing with competition laws in India. The amendments were approved by the Upper House of the Indian Parliament on April 3, 2023, and will […]

Trends in Gun-Jumping: CCI on a Gun-Jumping Spree
 |  Mar 2, 2023

By Anisha Chand & Siddharth Bagul1   With the expansion of the Indian economy, and as corporate transactions come back to pre-Covid levels, the Indian competition authority (Competition Commission of India (“CCI”)) is back to tackling gun-jumping issues with renewed fervor. Statistical analysis reveals that gun-jumping fines under Section 43A of the Competition Act, 2002 […]

Indian Parliament Pushes for Ex Ante Rules on Digital Competition
 |  Feb 23, 2023

By Geeta Gouri & Swarnim Shrivastava1   With new tech antitrust bills being tabled in the United States and legislations to regulate digital markets coming in effect in Europe, the Indian Parliament too has taken significant steps to examine and legislate anti-competitive practices in the digital markets. The Standing Committee on Finance’s report on “Anti-Competitive […]

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