Will notify settlement & commitment regulations soon: CCI chief

The Competition Commission of India (CCI) will soon roll out new regulations on settlement and commitment mechanisms, its chairperson Ravneet Kaur said on Tuesday.

Such mechanisms under the Competition Act will enable companies charged with anti-competitive conduct, including Big Tech, to approach the regulator to resolve the matter expeditiously, experts have said. Kaur was speaking at a conference on Economics of Competition Law in the national capital.

The commitment mechanism typically requires the applicant to propose commitments to address the anti-competitive concerns of the regulator.


According to the draft regulations, floated by the regulator in August 2023, a company will have the option to file a commitment application with the regulator within 45 days of its receipt of a prima facie inquiry order by the CCI. Similarly, a settlement application has to be filed by a company within 45 days of its receipt of the CCI director general's probe report, while another 30 days can be granted by the regulator, subject to conditions. The inquiry against the relevant companies in both the commitment and settlement cases will be kept in abeyance until the regulator takes a final decision on their applications, subject to a time frame.