CCI Specifies the Procedure for Filing Commitment Applications and Conducting Commitment Proceedings
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- Last Updated on 8 March, 2024
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Notification No. CCI/Reg-C.R./2024; Dated: 06.03.2024
The CCI has notified the CCI (Commitment) Regulations, 2024. These regulations aim to specify the procedure for filing commitment applications and conducting commitment proceedings and matters connected therewith or incidental thereto.
A “Commitment Application” refers to an application submitted by a Commitment Applicant to the CCI offering commitments in respect of proceedings initiated for the alleged contraventions of section 3 or section 4 of the Act.
A ‘Commitment Applicant’ means any enterprise, as defined in section 2(h) of the Act, against whom any inquiry has been initiated under section 26 of the Act for alleged contraventions of section 3 or section 4 of the Act, and submits a Commitment Application.
The Commitment Application must be filed within 45 days from the receipt of the order passed by the Commission under section 26 of the Act. The Commitment Application complete in all respects in terms of regulation 3 must be placed for consideration before the Commission in its ordinary meeting within 7 working days of receipt thereof.
The entire commitment proceedings must be concluded within 130 working days of the receipt of the commitment application complete in all respects in terms of regulation 3, failing which the inquiry u/s 26 of the Act against the commitment applicant shall stand resumed.
Further, the Commission may seek clarification, information, or data from the Commitment Applicant, as deemed appropriate, which must be provided by the Commitment Applicant within the time specified by the Commission.
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