Thursday, September 13, 2007

India Passes New Competition Law

Posted by D. Daniel Sokol

With all the focus recently on the Chinese AML, an equally important development in India has been under-played.  The Indian Parliament has just passed the Competition (Amendment) Bill of 2007.  This bill provides statutory teeth to the Competition Commission of India (CCI). Once India's President assents to the Bill, the result will be the operationalization of the CCI.  Details are available here.

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