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of <h1>Amendment to Competition Act 2023 broadens scope by removing 'discriminatory' from section 4, impacting condition or price evaluations.</h1> The Competition (Amendment) Act, 2023 modifies section 4 of the principal Act by altering sub-section (2), clause (a). Specifically, the amendment replaces the phrase 'discriminatory condition or price' with 'condition or price' in the Explanation. This change broadens the scope of the provision by removing the qualifier 'discriminatory,' thus potentially affecting how conditions or prices are evaluated under the Act. The amendment took effect on May 18, 2023, as per Notification No. S.O. 2228(E).
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