The Director General of the Competition Commission of India (CCI) recently issued summonses to two senior officials, among them a Director of Shyam Steel Industries Ltd., in connection with the investigation being conducted into the alleged cartelization by steel manufacturers. The Calcutta High Court recently declined to stay the summonses. Background The contested summons made...Read More

The Lok Sabha and Rajya Sabha have approved the Competition (Amendment) Bill, 2023 (the Bill). The Bill, which has been somewhat modified in light of the recommendations of the Parliamentary Standing Committee on Finance (the Committee), deserves more scrutiny and discussion. The Bill was sent to the Committee, which was made up of 31 knowledgeable...Read More