International Competition Network

Facts for Prelims (FFP)   Source: Economic Times  Context: The Competition Commission of India (CCI) has achieved membership in the 18-member steering committee of the International Competition Network (ICN), a global body dedicated to competition law enforcement. The ICN includes 140 competition agencies and serves as an informal platform for antitrust authorities to foster regular …

Competition (Amendment) Bill, 2022 passed in LS

GS Paper 3 Syllabus: Indian Economy   Source: TH  Context: The Lok Sabha on Wednesday cleared the Competition (Amendment) Bill, 2022   Aim of the Bill: Bring in greater regulation of corporates (particularly Big Tech firms) and promote and sustain competition in markets, protects consumers’ interest, and ensures freedom of trade for market participants.   …

[Mission 2023] INSIGHTS DAILY CURRENT AFFAIRS + PIB SUMMARY 14 February 2023

InstaLinks :  help you think beyond the issue but relevant to the issue from UPSC prelims and Mains exam point of view. These linkages provided in this ‘hint’ format help you frame possible questions ina your mind that might arise(or an examiner might imagine) from each current event. InstaLinks also connect every issue to their …

[Mission 2023] INSIGHTS DAILY CURRENT AFFAIRS + PIB SUMMARY 21 January 2023

InstaLinks :  help you think beyond the issue but relevant to the issue from UPSC prelims and Mains exam point of view. These linkages provided in this ‘hint’ format help you frame possible questions ina your mind that might arise(or an examiner might imagine) from each current event. InstaLinks also connect every issue to their …

Apple faces antitrust case in India over apps issue

GS Paper 3 Topics covered: Effects of liberalization   Context: An anti-trust case filed against Apple Inc for allegedly abusing its market position in the Indian economy. More on this news: Apple is instituting policies that forces developers to use its proprietary in-app purchase system This allegation is similar to what Apple faced in the …

RSTV: THE BIG PICTURE- DRAFT COMPETITION COMMISSION (AMENDMENT) BILL 2020

 Introduction: With a view to update the Competition Act, 2002 and associated regulations, the Indian Government constituted the Competition Law Review Committee in October 2018. The Committee submitted its report to the Government on 14 August 2019. Based on the recommendations made in the Report, the MCA has introduced a draft Competition Bill, 2020 …