CCI Notifies ‘Determination of Monetary Penalty’ Guidelines | Specifies Methodology to Determine Penalties
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- Last Updated on 8 March, 2024
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Notification No. B-14011/1/2024-ATD-II; Dated: 06.03.2024
The CCI has notified the ‘Determination of Monetary Penalty’ guidelines, 2024. These regulations aim to determine the monetary penalty to be levied on the enterprises and/or persons for any contravention of provisions of the Act. The norms prescribe the methodology for determining penalties for enterprises and persons liable u/s 48 of the Act. Also, prescribe norms for the residuary powers of the Commission.
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