Govt notifies provision to let CCI impose penalty on firm’s global turnover

Govt notifies provision to let CCI impose penalty on firm’s global turnover

NEW DELHI: The government on Wednesday notified amendments in competition laws allowing the Competition Commission of India (CCI) to impose penalty on the global turnover of a company. FILE PHOTO: According to experts, the new rules will impact big tech companies having multiple business verticals. (REUTERS) {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} Earlier, CCI could levy a …

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