As per a press release by the Ministry of Corporate Affairs,

“The Union Cabinet has approved the proposal of the Ministry of Corporate Affairs to further amend the Competition Act, 2002, with a view to fine tune it and to meet the present day needs in the field of competition, in the light of the experiences gained in the actual working of the Competition Commission of India in the last few years.”

Unfortunately, we could not find a draft of the Amendment Bill on the Ministry’s website. Will write a detailed piece on the same as soon as it is made public. In the meantime, if anybody finds the draft, please post the link to the same in the comments below.