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.

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