CCI to Amend Competition Rules: Green Channel, De Minimis & More
By Rediff Money Desk, New Delhi Jun 28, 2024 17:59
The Competition Commission of India (CCI) will soon announce changes to competition rules, including green channel approvals for mergers and acquisitions and de minimis thresholds.
![CCI to Amend Competition Rules: Green Channel, De Minimis & More](https://im.rediff.com/news/2023/jun/29ravneet-kaur.jpg)
Illustration: Dominic Xavier/Rediff.com
New Delhi, Jun 28 (PTI) Fair trade regulator CCI will shortly come out with changes to certain competition rules, including those related to green channel approvals for mergers and acquisitions.
Speaking at a conference in the national capital, Competition Commission of India (CCI) Chairperson Ravneet Kaur on Friday said the regulator is focusing on advocacy efforts and capacity building.
While mentioning about various activities being done by the CCI, she said, "We are going to shortly notify changes in competition rules".
These include changes to rules pertaining to green channel approvals for mergers and acquisitions, and de minimas.
De minimas relates to exemption thresholds for mergers and acquisitions that need clearance from the CCI.
As part of boosting efforts to curb unfair business practices in the marketplace, amendments have also been made to the competition law.
Kaur flagged dark patterns in the e-commerce space and algorithmic collusion.
There are dark patterns and how they can influence the choices made by people, and how people can be conditioned to make some choices. That could have some competition implications, she noted.
Kaur was speaking at a conference organised by industry body PHD Chamber of Commerce and Industry.
Speaking at a conference in the national capital, Competition Commission of India (CCI) Chairperson Ravneet Kaur on Friday said the regulator is focusing on advocacy efforts and capacity building.
While mentioning about various activities being done by the CCI, she said, "We are going to shortly notify changes in competition rules".
These include changes to rules pertaining to green channel approvals for mergers and acquisitions, and de minimas.
De minimas relates to exemption thresholds for mergers and acquisitions that need clearance from the CCI.
As part of boosting efforts to curb unfair business practices in the marketplace, amendments have also been made to the competition law.
Kaur flagged dark patterns in the e-commerce space and algorithmic collusion.
There are dark patterns and how they can influence the choices made by people, and how people can be conditioned to make some choices. That could have some competition implications, she noted.
Kaur was speaking at a conference organised by industry body PHD Chamber of Commerce and Industry.
Source: PTI
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