The Competition Commission of India (CCI) has achieved global recognition as its “Determination of Monetary Penalty Guidelines, 2024” has been nominated for the 2025 Concurrences Antitrust Awards in the Soft Laws & Studies category.
The Concurrences Antitrust Writing Awards, organised annually, celebrates outstanding contributions in competition law and policy worldwide.
CCI’s guidelines, introduced in 2024, provide a structured framework for determining monetary penalties in antitrust cases, enhancing transparency and predictability in enforcement.
Global Recognition for India’s Competition Law Framework
The nomination highlights India’s growing influence in global competition law discourse. The Monetary Penalty Guidelines, 2024, aim to ensure proportional penalties, aligning India’s competition enforcement practices with international best practices. If CCI wins, it will mark a significant milestone in India’s regulatory advancements on the global stage.
With competition law playing a crucial role in ensuring fair markets, the nomination underscores India’s commitment to fostering a robust and transparent regulatory environment. Industry experts and legal professionals keen on antitrust developments are closely watching the outcome of the awards.
