Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Warning (2): Cannot modify header information - headers already sent by (output started at /home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php:853) [CORE/src/Http/ResponseEmitter.php, line 148]
Warning (2): Cannot modify header information - headers already sent by (output started at /home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php:853) [CORE/src/Http/ResponseEmitter.php, line 181]
LATEST NEWS UPDATES | Nod for Competition (Amendment) Bill by Gargi Parsai

Nod for Competition (Amendment) Bill by Gargi Parsai

Share this article Share this article
published Published on Dec 18, 2009   modified Modified on Dec 18, 2009

The Rajya Sabha on Wednesday approved the Competition (Amendment) Bill 2009 which was passed by the Lok Sabha. The Bill repeals and replaces the Competition (Amendment) Ordinance, 2009.

The Bill provides for transfer of anti-competition cases pending before the Monopolies and Restrictive Trade Practices Commission (MRTPC) to an appellate tribunal. With this, the commission would cease to exist, two years ahead of its scheduled closure.

Tabling the Bill, Minister of State for Corporate Affairs Salman Khurshid said although the Competition Commission of India had started, it had not settled any case. The Appellate Tribunal had not been given adequate work necessitating an ordinance to transfer work from the MRTPC, which had become non-functional for lack of personnel at the top.

He said the Tribunal would take up 1,186 “claims” cases pending before the MRTPC. It had already disposed of 54 cases. Criticising the explanation given by the Minister, Leader of the Opposition Arun Jaitley said the law was being amended only to find work for a retired judge who heads the tribunal.

He questioned the “structure” of placing restrictive trade practices before the Competition Commission and unfair trade practices before an Appellate Tribunal “because it doesn’t have adequate work.” “This Bill should be re-visited and re-structured,” he said, which was agreed to by Mr. Khurshid.

Warning against “cartelisation” and “uncontrolled profiting,” Shanta Kumar (BJP) said development without social justice could be dangerous. S. Natchiappan (Congress) said the very purpose of creation of a commission should be to protect the interests of consumers. Moinul Hassan (CPI-M) questioned the promulgation of an ordinance for the commission.

Mr. Khurshid said the ordinance purported to take away the two-year period (for the MRTPC to cease) as personnel to head it was not available. “No right of appeal has been taken away.”

He said this legislation was in its infancy.


The Hindu, 18, December, 2009, http://www.hindu.com/2009/12/18/stories/2009121860841100.htm
 

Write Comments

Your email address will not be published. Required fields are marked *

*

Video Archives

Archives

share on Facebook
Twitter
RSS
Feedback
Read Later

Contact Form

Please enter security code
      Close