A PYMNTS Company

India: Could antitrust regulator’s powers expand over peers?

By  |  May 20, 2013
India: Could antitrust regulator’s powers expand over peers?

The Competition Commission of India, which is now fives years old, may be poised to being regulating other government regulators as India’s economy evolves. According to reports, as natural monopolies result form a restructuring of the economic climate, such as within the water sector, the CCI may be tapped to help balance competition. But it would not be an easy task; according to Finance Minister P. Chidambaram, it would be “fraught with legal difficulties.” According to Chidambaram, the consolidation process within banking and telecommunications will likely lead to competition concerns.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Full Content: Business Today

    We’d love to be your preferred source for news.

    Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks!

    Add as Preferred Source

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.