Primus Partners presents a comprehensive whitepaper that delves into the transformative potential of the Competition Commission of India's (CCI) regulations on Settlement and Commitment mechanisms introduced following the Competition (Amendment) Act 2023. Highlighting the pivotal role these frameworks play in streamlining dispute resolutions within India's growing consumption-based economy, the document meticulously analyses the implications for businesses, particularly in fostering fair competition and expediting regulatory processes.
The whitepaper further outlines key considerations for the CCI, emphasizing the need for clarity on application filing, protection of applicant information, confidentiality, external oversight, application fees, flexibility in application timelines, etc, to enhance the effectiveness of these mechanisms. Through a compendium of forward-thinking suggestions, Primus Partners sheds light on the significance of these regulatory advancements in supporting India's economic growth and market integrity, while also sharing suggestions for requisite change.
