India: Amendments to Competition Law

Published on May 2, 2023

In a significant development , after the Lok Sabha ( Lower house of Indian Parliament ) passed the Competition (Amendment) Bill 2023 on 29.March 2023 , the Bill was passed by the Rajya Sabha ( upper house ) on 03 April ,2023 and after receiving the Presidential assent on 11 April 2023, has been promulgated and notified in the Gazette of India as The Competition (Amendment) Act, 2023 on 11th April, 2023 .