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Competition Commission Of India (CCI) Has 81.7 % Disposal

LIVELAW NEWS NETWORK
18 Nov 2016 1:37 PM GMT
Competition Commission Of India (CCI) Has 81.7 % Disposal
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Minister of State in the Ministry of Corporate Affairs Today in written reply to a question in Lok Sabha stated that Competition Commission of India (CCI) had received a total of 707 cases till 31st March, 2016. Out of these, 576 cases have been disposed of, which works out to 81.47% disposal."The Commission is not proposing to devise any mechanism to halt probe and proceedings in case a...

Minister of State in the Ministry of Corporate Affairs Today in written reply to a question in Lok Sabha stated that Competition Commission of India (CCI) had received a total of 707 cases till 31st March, 2016. Out of these, 576 cases have been disposed of, which works out to 81.47% disposal.

"The Commission is not proposing to devise any mechanism to halt probe and proceedings in case a violator accepts and corrects anticompetitive behaviour.

In case Nos: 01/2013, 01/2014, 18/2014, 84/2014, 93/2014, 04/2015 and 07/2016, the informants/parties had requested for withdrawal of case. The CCI has held that mere withdrawal of case by the informant/parties or course correction/settlement between the parties would not affect the proceedings of the case.", he said.

This article has been made possible because of financial support from Independent and Public-Spirited Media Foundation.

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