Govt finalises three new Competition Commission members

NEW DELHI: The government has finalised the names of three people who will take over as members of fair trade watchdog CCI in the coming weeks.

The Competition Commission of India, which keeps a tab on unfair trade practices in the market place, comes under the administrative control of the Corporate Affairs Ministry.

Sources said names of three people for the posts of CCI members have been finalised by the Ministry and they are expected to take charge in the coming weeks.

Among the three persons finalised, one is an ex-IAS (Indian Administrative Service) officer and another a former IES (Indian Economic Service) officer, sources added.

The names, however, could not be confirmed. Two posts of CCI members are vacant, while member Geeta Gouri superannuates in April.

S N Dhingra retired this month, and another member H C Gupta had stepped down in June last year.

Late last year, the ministry had sought applications to fill up three posts of CCI members.

Besides chairman, the fair trade regulator has six members. The serving members are Geeta Gouri, S L Bunker, Anurag Goel and M L Tayal. The Commission is chaired by Ashok Chawla.

A member can hold the office for five years or till reaching the age of 65 years.

"Keeping in view the role and importance of CCI as a regulator, it is desirable that the applications from the persons with high integrity, eminence and reputation with requisite experience are forwarded for consideration," the ministry had said last year while seeking applications.