India’s newest regulator, the Competition Commission of India, has taken its place on the field. Alfred Romann investigates the commission’s early actions and asks whether its empowerment will prove a sticky wicket for domestic and international corporations
In a country obsessed with Bollywood it is only fitting that the first investigation taken up by the recently empowered “good guys” of competition should focus on the film distribution industry.
On 20 May two sections of the Competition Act, 2002, dealing with anti-competitive agreements and abuse of dominance, were notified. This means the Competition Commission of India (CCI) could finally get on with implementing legislation that for seven years lay dormant on the country’s statute books.
The CCI – an independent body – can choose what it investigates, but is duty-bound to follow up on complaints. Among the first people to come knocking on its doors were the distributors of Bollywood films.
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