In a joint statement, they noted that while the incident highlights the prevailing "apathy, misgovernance and lack of accountability" in Kolkata, the capital of West Bengal, the state government's "apparent inclination" to shield perpetrators rather than protect victims is a "grave miscarriage of justice".
The Competition Commission of India has notified Sections 5 and 6 of the Competition Commission Act, 2002, dealing with mergers and acquisition last month, but it is yet to finalise the rules.
Within a week of the CBI arresting senior bankers in the housing finance racket, the competition watchdog CCI on Monday said 11 real estate companies are already under its scanner.
India's regulators still remain the preserve of the IAS. The time has now come to check out if the government has indeed used the better pay package for its regulators to widen the choice and attract private sector people.
Chatterji, an IAS officer from the Uttar Pradesh cadre, will take over from Dhanendra Kumar for a term of three years, an official spokesperson said. Kumar, a 1968 batch IAS officer from the Haryana cadre, was to retire on October 31. However, he has been granted an extension till January 31, next year.
The interim report highlights key competition issues in the e-commerce space like deep discounting, the imposition of unfair terms and conditions, the growing dependence of brick and mortar establishments on online platforms, and opaqueness in search rankings.
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