The Competition Commission of India (CCI) on has notified three separate key regulations and the much-awaited penalty guidelines, taking a giant step in the implementation of certain crucial amendments effected in the Competition law in April last year. The three regulations now framed by CCI related to turnover or income determination, commitment and settlement mechanisms i.e. The Competition Commission of India (Determination of Monetary Penalty) Guidelines, 2024, Competition Commission of India (Determination of Turnover or Income) Regulations, 2024, Competition Commission of India (Settlement) Regulations, 2024 and Competition Commission of India (Commitment) Regulations, 2024. The regulation on turnover determination is expected to have major implications on multi-product companies and those with a global operations while penalty guidelines would allow parties to have clarity on the principles the competition watchdog would apply while penalising any violations of the Competition Act.
Click below for CCI Regulations-
Competition Commission of India (Determination of Turnover or Income) Regulations, 2024
The Competition Commission of India (Commitment) Regulations, 2024
Competition Commission of India (Settlement) Regulations, 2024
