Saturday 10 November 2018

Competition Refresher Magazine

Competition Refresher Magazine

 Article about the Government constitutes Injeti Srinivas .Competition Law Review Committee can be seen on page 28 of competition refresher
Competition Refresher Magazine The government has constituted a panel to review the competition law. The committee would review the Competition Act, Rules & Regulations, in view of changing business environment and bring necessary changes, required. Competition Refresher The nine-member committee chaired by Corporate Affairs Secretary InjetiSrinivas includes Insolvency and Bankruptcy Board of India (IBBI) Chairperson MS Sahoo and Competition Commission of India's (CC1) acting chairperson Sudhir Mittal Announcing the setting up of the Competition Law Review Committee, the government said it is in pursuance of its objective of ensuring that legislation is in sync with the needs of strong economic fundamentals. Competition Refresher gk The committee would also look into international best practices in the competition fields, especially anti-trust laws, merger guidelines and handling-cross border competition issues. Further,. it would study 'the regulatory regimes, institutional mechanisms and government policies which overlap with the Competition Act', the release said. The committee would submit its report within three months from the date of its first meeting.

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