The Hits and Misses of the Report by the Standing Committee on Finance (2022-2023) on the Competition (Amendment) Bill, 2022

In 2018, the process of amending the Competition Act, 2002 (Competition Act) was initiated with the setting up of the Competition Law Review Committee (CLRC). Based on the CLRC’s report (released in July 2019), a draft amendment bill was released for public comments in March 2020. In August 2022, the Competition (Amendment) Bill, 2022 was introduced in the Indian Parliament (2022 Bill).

Source: Barandbench