Alaya Legal

The Competition (Amendment) Bill, 2022

Home / Articles

The Competition (Amendment) Bill, 2022

Date | Version August 30, 2022 | 1.0
Keywords Combinations, Anti-Competitive Agreements, Appreciable Adverse Effect on Competition
List of Legislation Referred
  • The Competition (Amendment) Bill, 2022
  • The Competition Act, 2002
Jurisdiction India

Abstract

This write-up examines key provisions of the Competition (Amendment) Bill, 2022 and analyses its potential impact on India’s competition law regime.

Introduction

The Competition (Amendment) Bill, 2022 seeks to provide the Competition Commission of India (CCI) with greater flexibility, accountability and regulatory effectiveness. The Bill was introduced with the objective of strengthening India’s competition law framework and enhancing the enforcement mechanisms available to the CCI.

This article focuses on the significant amendments proposed in relation to combinations and anti-competitive agreements. Key changes include the introduction of deal value thresholds for combinations, reduction in timelines for merger assessments, a formal mechanism for proposing modifications to transactions, settlement and commitment frameworks, expansion of the scope of anti-competitive agreements, modifications to Appreciable Adverse Effect on Competition (AAEC) factors, and the introduction of a limitation period for filing information before the CCI.

The proposed amendments are expected to broaden the scope of competition regulation in India and align the country’s merger control and antitrust framework with evolving global practices.

Read More →

Avatar

alayalegal

Most Recent Posts

Reach out

Category

Tags

Disclaimer

The Bar Council of India Rules do not permit law firms to solicit work or advertise. By clicking the ‘I Agree’ button, the Reader accepts that they are seeking information on their own accord. Alaya Legal shall in no way be responsible for any technical inaccuracies on this website, or for any actions taken or not taken based on the information contained herein or accessed through this website. Readers are advised to seek counsel from a qualified professional while dealing with specific issues.

By continuing to use this site, you consent to the use of cookies on your device as mentioned in this Cookie Policy .

The views appearing under various sections, including ‘Trending’, are solely those of the respective author. The author may be contacted by writing to Alaya Legal at contact@alayanew.instantlywebsite.com .

Nothing contained on this website shall be construed as legal advice. Readers are encouraged to obtain independent legal counsel for advice relating to their specific circumstances.