Competition (Amendment) Act, 2023
GPTKB entity
Statements (16)
Predicate | Object |
---|---|
gptkbp:instanceOf |
gptkb:Act_of_Parliament
|
gptkbp:administeredBy |
gptkb:Competition_Commission_of_India
|
gptkbp:amendedBy |
gptkb:Competition_Act,_2002
|
gptkbp:country |
gptkb:India
|
gptkbp:dateEnacted |
2023
|
gptkbp:enactedBy |
gptkb:Parliament_of_India
|
gptkbp:gazetted |
April 11, 2023
|
https://www.w3.org/2000/01/rdf-schema#label |
Competition (Amendment) Act, 2023
|
gptkbp:keyProvision |
increases penalties for anti-competitive conduct
introduces deal value threshold for merger control introduces settlement and commitment framework reduces time limit for CCI approval of combinations |
gptkbp:purpose |
to strengthen and update competition law in India
|
gptkbp:receivedRoyalAssent |
April 11, 2023
|
gptkbp:bfsParent |
gptkb:Competition_Act,_2002
|
gptkbp:bfsLayer |
7
|