Govt. of India

Ministry of Corporate Affairs

(Competition & NFRA Section)

Invitation for public comments on the Competition Act, 2002.

The Ministry of Corporate Affairs (MCA) constituted a Competition Law Review Committee to review the competition Act/ Rules/ Regulations in view of changing business environment and bring necessary changes, if required. The Committee will also look into international best practices in the competition fields, especially anti-trust laws, merger guidelines and handling cross border competition issues. It will also study other regulatory regimes/ institutional mechanisms/ govt. Policies which overlap with the Competition Act.

2.  The updated version of the Competition Act, 2002 is available on the website www.cci.gov.in (Legislation corner). All stakeholders are requested to furnish comments through mail only on the following e-mail Id: -

competitionlaw_review @mca.gov.in

The comments may be furnished by 7th December, 2018 only.

3.  All comments received till this date will be analysed by the Review committee.

Competition Law Review invites stakeholder comments to update Act and align with international best practices. A Competition Law Review Committee will assess the Competition Act, related rules and regulations to align them with international best practices, address anti trust, merger control and cross border competition issues, and examine overlapping regulatory regimes. Stakeholders are invited to submit written comments by email on the updated Act available online; all submissions received by the deadline will be analysed by the Committee to inform potential legislative or regulatory changes.