Competition Commission to Implement New Regulations in Ongoing Investigations

Recently, CCI Chief Ravneet Kaur stated that the newly notified competition regulations, covering settlement, commitment, leniency plus, and global turnover, will apply to ongoing investigations. These regulations, derived from recent amendments to the Competition Act, aim to expedite corrective actions in the market. The leniency plus regime encourages cartel information disclosure, with penalties now reaching up to 10% of a company’s global turnover.

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