Competition authorities cannot look at coordinated enforcement action against international cartels: CCI c

As efforts continue to curb unfair business practices, CCI chief Ravneet Kaur on Tuesday said competition authorities cannot look at coordinated action in terms of enforcement against international cartels as each country has a different ecosystem..

While addressing the media about the BRICS International Competition Conference to be held in the national capital from October 11-13, she also emphasised that a memorandum of understanding (MoU) with various competition authorities is an important instrument that allows for cooperation and sharing experiences...

To a query regarding enforcement against international cartels, the Competition Commission of India (CCI) Chairperson said that when it comes to enforcement, "we have to be very careful in terms of enforcement because each authority has its own legal framework"...