Friday, October 25, 2013

Competition Commission Of India

The competition Commission of India (CCI) on the target companies of senior executive and Director who discovers an eye on regulatory, officers are begun, whose companies suspected of involvement in non-competitive tasks. CCI nationwide market non-competitive companies on business practices.

CCI Member Anurag Goyal told a Conference that the regulator has not only companies, but also to their directors and officers also have the power to impose fines. now the Commission has this right decide to use. three years after the Commission has been constituted one power has not been used.

CCI wrong way now own officials might want to also take action against the Director General (DG) for it has been said that if you see a violation of the rules against the directors and top officers also examined. to meet the primary when the CCI subunit forth his arm DG direct.

The regulator has yet to cement manufacturers including companies fines hooka. CCI has the past year 6600 crores of forfeit. Goyal also cleaned by imposing fines on companies that CCI's purpose will be not complete purpose of promoting healthy competition. regulator.