https://www.taxtmi.com/news?id=22546 The Bill amends the Competition Act to broaden key definitions (including enterprise and cartel), treat intangible assets in combination thresholds, reform merger notification and timelines (including a streamlined filing route and stock-exchange open-offer rules), create a Governing Board alongside the Commission with delegation and panel mechanisms, expand Director General investigatory powers (document production, examinations, searches and seizures), recalibrate penalties tied to turnover/income, and introduce settlement and commitment procedures with monitoring and sanctions for non-compliance while requiring transparent rulemaking and non-binding guidance on penalties. en-us Fri, 21 Feb 2020 17:04:29 +0530 Wed, 11 Feb 2026 15:58:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=22546 The Bill amends the Competition Act to broaden key definitions (including enterprise and cartel), treat intangible assets in combination thresholds, reform merger notification and timelines (including a streamlined filing route and stock-exchange open-offer rules), create a Governing Board alongside the Commission with delegation and panel mechanisms, expand Director General investigatory powers (document production, examinations, searches and seizures), recalibrate penalties tied to turnover/income, and introduce settlement and commitment procedures with monitoring and sanctions for non-compliance while requiring transparent rulemaking and non-binding guidance on penalties. News - Fri, 21 Feb 2020 17:04:29 +0530 https://www.taxtmi.com/news?id=22546