A 360 Degree Review of Penal Provisions’ Application under Competition Law ...KK SHARMA LAW OFFICES
Perhaps not many laws have been subject to so much public scrutiny as competition law either before its enactment or afterwards. Almost immediately after its enactment, just after a duly appointed Member had assumed office and before a duly appointed Chairman could enter office, the Competition Act, 2002(Act) was challenged on various counts. This resulted in a very strange situation. The Competition Commission of India (CCI) could not be called a Commission in terms of the Act which needed a minimum quorum of a Chairman and, at least, two Members for being a legally recognized Commission. So, the CCI remained a one Member body (not a full Commission) till as late as March 1, 2009 when, for the first time, a Chairman and two Members were in office and the CCI, in the eyes of law, was a full Commission. The enforcement powers to CCI came in stages. In first phase only advocacy functions were allowed. This was followed by antitrust enforcement powers being given to the Commission from May 20, 2009. Thereafter, regulations of combinations (popularly known as Merger Review) came into force with effect from June 1, 2011. There were always fears that the CCI may turn out to be as effective (or ineffective depending upon one’s perspective) as MRTPC. Now, that five years have passed since the time the CCI began to get its enforcement powers, it is high time to look back if the fears about the efficacy of the powers given to the CCI were justified or misplaced. The author, the only official in senior echelons of the CCI who not only saw the transition from a CCI doing only competition advocacy to a fully functional Commission but also played a very crucial role in this transition by way of being the very first Director General of the functional CCI, laying down the investigative framework of investigation, and later as the first head of Merger Control who gave the country its very efficient Merger Review Format, takes a look at this issue.
SOLABS: 2016 Frost & Sullivan Customer Value Leadership AwardSOLABS
From Frost & Sullivan: "Known for its unmatched industry expertise and understanding of every aspect of customers’ businesses, SOLABS has ramped up its capabilities to provide unmatched customer value and solidify its position in the North American EQMS market for the midsize biotechnology industry. Leveraging its 3-section design of document, process, and training, SOLABS has secured a competitive edge by providing an integrated solution that is configurable according to its customers’ processes and terminologies. This flexible and scalable solution enables a phased implementation approach. An app-based model for quality processes enhances its value proposition to meet all customer requirements out of the box and allow for integration and interoperability of processes. With its strong overall performance, SOLABS has earned Frost & Sullivan’s 2016 Customer Value Leadership Award."
More info on award at: http://www.solabs.com/solabs-frost-sullivan-award/
