https://www.taxtmi.com/article/detailed?id=6366 Chapter VI prescribes penalties and enforcement mechanisms for breach of the Competition Act, including daily and aggregate monetary sanctions and criminal penalties for non compliance with Commission orders related to anti competitive agreements, abuse of dominance, combinations and interim measures. The Commission and the Director General have Civil Court-like powers to compel attendance, documents and evidence; non compliance with directions attracts daily fines up to statutory ceilings. The Act also provides recovery remedies for victims, penalties for non notification of combinations and false statements, a conditional leniency scheme for cartel disclosures, and corporate officer liability subject to defences. en-us Mon, 03 Aug 2015 10:50:44 +0530 Mon, 03 Aug 2015 10:50:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6366 Chapter VI prescribes penalties and enforcement mechanisms for breach of the Competition Act, including daily and aggregate monetary sanctions and criminal penalties for non compliance with Commission orders related to anti competitive agreements, abuse of dominance, combinations and interim measures. The Commission and the Director General have Civil Court-like powers to compel attendance, documents and evidence; non compliance with directions attracts daily fines up to statutory ceilings. The Act also provides recovery remedies for victims, penalties for non notification of combinations and false statements, a conditional leniency scheme for cartel disclosures, and corporate officer liability subject to defences. Articles Other Topics Mon, 03 Aug 2015 10:50:44 +0530 https://www.taxtmi.com/article/detailed?id=6366