Amended Competition Act empowers regulator to enforce anti-trust rules from Sept 2024.

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Full Text of the Document

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....This notification brings into force the provisions of Section 19(f) of the Competition (Amendment) Act, 2023, issued by the Ministry of Corporate Affairs. Section 19(f) grants certain powers to the Competition Commission of India, likely related to enforcement or investigation of anti-competitive practices. The effective date for operationalizing this provision is September 19, 2024, as per the powers vested under sub-section (2) of Section 1 of the parent Act. The notification is a statutory instrument enabling the implementation of the specific clause within the broader amendments to the competition law.....