New Delhi, Jan. 1 -- The Rajya Sabha's committee on subordinate legislation led by Milind Deora will review a scheme offered by the Competition Commission of India (CCI) in March allowing businesses to avoid anti-trust probes by making commitments to change their conduct, two persons privy to the development said.
CCI's commitment regulations, 2024, have been chosen for detailed examination and the Rajya Sabha Secretariat has sought a detailed background note on the scheme as well as a list of stakeholders for consultation from the corporate affairs ministry, one of the persons quoted above said on condition of not being named.
Under the commitment scheme, a party facing an inve-stigation can commit to cha-nge its conduct in the market an...