CCI To Play Role In All FTA Competition Chapters: Chairperson Ravneet Kaur

The CCI is working on clear guidelines around cost of production to bring uniformity in assessing competitive practices, says Kaur.

Ravneet Kaur, chairperson of the Competition Commission of India or the CCI (Photo: Vijay Sartape/NDTV Profit)

The Competition Commission of India is actively contributing to free-trade-agreement negotiations, particularly in shaping chapters related to competition, Chairperson Ravneet Kaur told NDTV Profit in an exclusive interview.

"FTAs today routinely include dedicated chapters on competition, and the CCI is involved in negotiating these sections," she said, citing the India-UK FTA as one example where the CCI is playing a direct role. "We will continue to contribute to competition chapters in all upcoming FTAs."

On the domestic front, Kaur addressed growing scrutiny over the quick-commerce sector.

She said the CCI was working on clear guidelines around cost of production to bring uniformity in assessing competitive practices. "These guidelines will ensure consistency in how cost is determined by the commission and will help us assess whether any anti-competitive behaviour, such as deep discounting or predatory pricing, is occurring in the sector," she explained.

On the Jaggi brothers and Gensol matter, Kaur clarified that the case is outside the CCI's jurisdiction. "We are not involved in the Gensol investigation. SEBI has made a reference to the National Financial Reporting Authority and a preliminary examination is currently underway," she added.

"FTAs today routinely include dedicated chapters on competition, and the CCI is involved in negotiating these sections," she said, citing the India-UK FTA as one example where the CCI is playing a direct role. "We will continue to contribute to competition chapters in all upcoming FTAs."

On the domestic front, Kaur addressed growing scrutiny over the quick-commerce sector.

She said the CCI was working on clear guidelines around cost of production to bring uniformity in assessing competitive practices. "These guidelines will ensure consistency in how cost is determined by the commission and will help us assess whether any anti-competitive behaviour, such as deep discounting or predatory pricing, is occurring in the sector," she explained.

On the Jaggi brothers and Gensol matter, Kaur clarified that the case is outside the CCI's jurisdiction. "We are not involved in the Gensol investigation. SEBI has made a reference to the National Financial Reporting Authority and a preliminary examination is currently underway," she added.

Also Read: Regulatory Delays Keenly Watched As India Negotiates FTAs: FM Sitharaman

lock-gif
To continue reading this story You must be an existing Premium User
Watch LIVE TV, Get Stock Market Updates, Top Business, IPO and Latest News on NDTV Profit. Feel free to Add NDTV Profit as trusted source on Google.
WRITTEN BY
Rishabh Bhatnagar
Rishabh writes on technology, startups, AI, and key economic ministries in ... more
GET REGULAR UPDATES
Add us to your Preferences
Set as your preferred source on Google