The success or failure of CCI will have no small significance for the Indian economy, but failure cannot be afforded
India’s regulatory landscape continues to evolve with change being the only constant. It’s been a legislative journey from the command and control mindset that prevailed at the time of Licence Raj to a more modern regulatory regime with the objective of enhancing consumer welfare by sustaining competition in the marketplace. In this globalized era, the business activities in any part of the world can impact the Indian market, and vice versa. This process of integration will only grow in the future. The Competition Commission of India (CCI) is empowered to take cognizance of such anti-competitive effects in the Indian market.