Competition Commission of India 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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Sangeeta Verma joins Competition Commission of India (CCI)

Sangeeta Verma, a former Indian Economic Services (IES) officer has joined the Competition Commission of India (CCI) as a member. The order of the Ministry of Corporate Affairs states that the central government has appointed Sangeeta Verma as the member of CCI for a period of 5 years from the date of assumption of charge of the post, or until further Read More…

Month:  Categories: Persons in News

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Ashok Kumar Gupta appointed as Chairperson of Competition Commission of India

Appointments Committee of the Cabinet (ACC) headed by Prime Minister Narendra Modi has appointed former IAS officer Ashok Kumar Gupta as Chairperson of Competition Commission of India (CCI). He replaces acting chairperson Sudhir Mital. He will be in office till October 25, 2022 i.e. till he attains age of 65 years or until further orders, Read More…

Month:  Categories: Persons in News

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Government constitutes Injeti Srinivas Competition Law Review Committee

Union Finance Ministry has constituted nine-member Competition Law Review Committee to ensure that legislation is in tune with changing business environment. It will be chaired by chaired by Corporate Affairs Secretary Injeti Srinivas and includes Insolvency and Bankruptcy Board of India (IBBI) Chairperson M S Sahoo and Competition Commission of India (CCI) Chairperson as members.  The committee was constituted in pursuance of Government’s objective Read More…

Month:  Categories: Government Schemes & Projects

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Cabinet approves rightsizing Competition Commission of India

The Union Cabinet chaired gave its approval for rightsizing Competition Commission of India (CCI) from one Chairperson and six Members (totalling seven) to one Chairperson and three Members (totalling four).  It will be done by not filling existing two vacancies of members and one more additional vacancy, which is expected in September 2018 when one Read More…

Month:  Categories: Governance & Politics

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