Tuesday, 11 August 2015

Competition Act allows parties to enter into a compromise or settlement subject to scrutiny of CCI

Competition Act, 2002: Scheme of the Competition Act, 2002 allows the parties to enter into a compromise or settlement, but the same shall be subject to a scrutiny by the Commission, for examining whether public interest would continue to suffer and whether the object of the inquiry would stand defeated by the acceptance of the compromise.

No comments:

Post a Comment