Home Acts & Rules Law of Competition Regulation CCI (Commitment) Regulations, 2024 This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
Regulation 7 - Assessment of the terms of the commitment - CCI (Commitment) Regulations, 2024Extract 7. Assessment of the terms of the commitment. - The Commission shall while considering the nature, gravity and impact of the alleged contraventions and effectiveness of the commitments offered, have due regard to all or any of the following factors, including: (a) the nature of conduct, its type, duration and extent of the alleged contraventions; (b) whether the commitment terms address the identified competition concerns, alleged contraventions, and the same can be implemented effectively and expeditiously besides being easy to monitor; (c) whether the terms of commitment make the markets more contestable; (d) procedural efficiencies, self-executing terms and early correction of market distortions; (e) whether the Commitment Applicant, has previously been found to have contravened any provision of the Act or any investigation or inquiry is pending against the Commitment Applicant in respect of any alleged violation of the provisions of the Act or whether the Commitment Applicant has previously made any settlement or commitment application(s); (f) whether the Commitment Applicant has already modified its conduct and policies which have been found to be in prima facie violation of the Act by the Commission or steps taken by the Commitment Applicant to minimize future violations or lapses; (g) any other factor, as may be deemed appropriate by the Commission in the facts and circumstances of the case.
|