Competition Act 2002 Current Affairs - 2019

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20 May 2019: CCI celebrates its 10th Annual Day

The Competition Commission of India (CCI) celebrated its 10th Annual Day on 20 May 2019. The date ‘20 May’ marks the notification of substantive enforcement provisions of the Competition Act, 2002. About Competition Commission of India CCI is a statutory body which was established under the provisions of Competition Act, 2002. It was established in Read More…

Month:  Categories: Events & Observances

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GeM and CCI Sign MoU

Government e Marketplace (GeM) and Competition Commission of India (CCI) have signed a Memorandum of Understanding to enable a fair and competitive environment in the e-Marketplace. Combating Anti-competitive practices Both CCI and GeM attach significant importance to the advanced analytical tools and processes for identification of malpractices like cartelization. Hence to pool their knowledge of Read More…

Month:  Categories: Governance & PoliticsUPSC

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Amazon-Witzig bid to acquire Birla’s retail store chain gets CCI node

The Competition Commission of India has approved the deal wherein Samara Capital-backed Witzig Advisory Services and Amazon will acquire Aditya Birla Retail Ltd, which operates a supermarket store chain ‘more’. As per the deal, 99.99 per cent of the equity share capital of Aditya Birla Retail would be acquired by Witzig and 49 per cent Read More…

Month:  Categories: Business, Economy & Banking

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