News & Media 13th Mar 2024

New CCI Regulation To Impact Global Multi-Service, Product Firms: Experts

Authors

Abhay Joshi Partner | New Delhi | Noida

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The Ministry of Corporate Affairs (MCA) last week notified provisions in the Competition (Amendment) Act, 2023 where the Competition Commission of India (CCI) can levy penalties based on a company’s global turnover, allowing for a much higher fine.

Against this backdrop, Abhay Joshi, Partner has been quoted in an article titled “New CCI Regulation To Impact Global Multi-Service, Product Firms: Experts” authored by Sheikh Rishad from BW Businessworld.

Read the detailed comment and article here