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India: New legislation introduced to give CCI chairman power to initiate searches

By  |  December 11, 2012
India: New legislation introduced to give CCI chairman power to initiate searches

The government has begun the process of moving a Bill that would amend the Competition Act of 2002, giving the Competition Commission of India more leverage in its jurisdiction. Both houses of Parliament must approve of the Bill before it becomes law. Specifically, the amendments would give the CCI chairman direct power to order search-and-seizure operations, an order that currently must go through the CCI’s investigation wing. Antitrust experts say that if passed, the amendment would lead to a faster process of obtaining evidence in antitrust investigations.

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