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The Competition (Amendment) Act, 2023 - Amendments to The Competition Act, 2002 relating to Deal Value Threshold, Gun-Jumping, Leniency, Settlement, Commitment, and Market Study Powers

The Competition (Amendment) Act, 2023 introduces a deal value threshold for merger control, strengthens enforcement against gun-jumping, enhances the…

What The Competition (Amendment) Act, 2023 - Amendments to The Competition Act, 2002 relating to Deal Value Threshold, Gun-Jumping, Leniency, Settlement, Commitment, and Market Study Powers requires

The Competition (Amendment) Act, 2023 introduces a deal value threshold for merger control, strengthens enforcement against gun-jumping, enhances the leniency programme for cartel members, and establishes formal settlement and commitment mechanisms before the Competition Commission of India (CCI). It applies to enterprises involved in combinations, cartels, or anti-competitive conduct under Sections 3, 4, and 5 of The Competition Act, 2002 as amended.

Pillar: Competition & Antitrust · Authority: Ministry of Corporate Affairs, Government of India · Version: 1.0.1 · Last updated:

Primary source: https://www.indiacode.nic.in/handle/123456789/2092

SHA-256 integrity: 861c50e8b4b222cdc1cf5a98ad45e9ab0a408d75f78c28e5055229ca297421f0

Primary Citations — 7 traced to source

  • The Competition Act, 2002 - Section 5: Mergers and Acquisitions requiring notification based on asset and turnover thresholds, as amended by the Competition (Amendment) Act, 2023
  • The Competition Act, 2002 - Section 6(2): Requirement to notify combinations to the CCI prior to implementation

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