The report evaluates the 2024 regulations of the Competition Commission of India (CCI).
- Committee on Subordinate Legislation is a Parliamentary Standing Committee (separate committees for Lok Sabha and Rajya Sabha; each of 15 members).
- It is tasked to scrutinize and report to the House whether the powers to make regulations, rules, sub-rules, bye-laws etc. conferred by the Constitution or delegated by Parliament are being properly exercised within such delegation.
Key Highlights of the Report
Area | Observations | Recommendations
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Regulatory Review | Competition laws need to keep pace with emerging digital economy challenges | Periodic review of CCI framework and benchmark against global practices |
Safeguarding MSMEs | Misuse of the competitive framework by large corporations | Vigorous antitrust enforcement and targeted advocacy to protect MSMEs and startups |
Repeat Offenses | Risk of repeated contraventions being internalized as a mere ‘cost of doing business’ | Repeated contraventions to be penalized strictly as aggravating factors under Monetary Penalty Guidelines |
Transparency and Enforcement | Substantial portion of penalties imposed by CCI stayed or quashed on appeal | CCI must provide detailed mathematical penalty calculations and ensure robust evidence-gathering |
Inter-Regulatory Coordination | Modern Competition issues cut across sectors regulated by different statutory and sectoral regulators | Establish structured institutional mechanisms, such as MoUs, with other sectoral regulators for information-sharing, policy coherence, and regulatory coordination |
About the Competition Commission of India (CCI)
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