The ministry of Corporate Affairs, Government of India, released a press statement yesterday stating that “the Competition Commission of India has started facilitating competition assessment of rules, regulations and government policies, contents of which may inadvertently impact the competitive atmosphere adversely.” It also stated that the process was for “evaluating government policies, regulations, rules and laws for identification of those which unnecessarily impede competition and suggest measures to redesign the identified ones so that competition is not unduly inhibited.”
The task has been assigned to the CCI with the intention to begin implementation of the National Competition Policy (Apologies. Unfortunately, the latest draft seems to have disappeared off the internet. Will update this post as soon as it is found.)
The press statement can be found here
