Question : COMPETITION ACT

(a) whether the Government proposes to include more provisions in the Competition Act, 2002 to make it self contained;

(b) if so, the details thereof;

(c) whether the Government plans to empower the Directorate of Investigations the Competition Commission of India (CCI) to search, seize and conduct raids like other agencies; and

(d) if so, the details thereof?

THE MINISTER OF STATE IN THE MINISTRY OF CORPORATE AFFAIRS (SHRI R.P.N. SINGH)

(a)&(b) The Government has constituted a Committee inter-alia to suggest amendments in the Competition Act, 2002 to fine tune it. The work of the Committee is in progress.

(c)&(d) No such proposal is presently under consideration of the Government.