Rightsizing the Competition Commission of India (Download PDF)

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Rightsizing the Competition Commission of India (CCI) is approved from One Chairperson & 6 Members to One Chairperson & 3 Members. Rightsizing will be done by not filling existing 2 vacancies of members & one more additional vacancy which is expected in September 2018.

Image of Competition Commission of India

Image of Competition Commission of India

Image of Competition Commission of India

Benefits:

  • Decision of rightsizing is in line w/Govt. objectives of ‘Minimum Govt. – Maximum Govt. ’

  • In major jurisdictions like Japan, US & UK Competition Authorities are of similar size.

  • It pursuance of Govt. ’s objectives of easing mergers & amalgamation process in country.

  • It will help in faster turnaround in hearings, resulting in speedier approvals that will help in stimulating business processes of corporates & result in greater employment opportunities.

Competition Commission of India (CCI)

  • Formed in – 2003

  • Headquarters – New Delhi

  • Current Chairperson – Devendra Kumar Sikri

  • Presently CCI has 1 Chairperson & 4 Members.

  • Functions under Ministry of Cooperate Affairs.

  • Eliminates practices that adversely affect competition in diff. industries & protect interests of consumers & ensure freedom of trade.

  • Gives opinion on competition issues on reference received from statutory authority established under any law & undertakes competition advocacy, create public awareness & impart training on competition issues.

Competition Commission of India

Competition Commission of India

Competition Commission of India

- Published/Last Modified on: July 3, 2018

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