The Competition Commission of India (CCI) on May 10, 2024, issued the Competition Commission of India (General) Amendment Regulations, 2024 to further amend the Competition Commission of India (General) Regulations, 2009.
The following has been stated namely: -
• Regulation 35 which states “Confidentiality” have the following sub-regulations inserted namely: -
o (6A) The party seeking access to confidential information shall make a request for setting up a Confidentiality Ring, by way of an application, at the earliest.
o (7A) The parties shall file undertakings in terms of sub-regulation (7) above within a period of 10 (ten) days from the date of receipt of the order setting up Confidentiality Ring
o (9) (1) The parties included in the Confidentiality Ring may make an application(s) seeking inspection under regulation 37 read with regulation 50 of these regulations, within a period of 7 (seven) days from the date of submission of undertaking(s)
o (10) (1) The Commission may, considering the facts and circumstances of a particular matter, in exceptional cases, extend the timelines prescribed under this regulation for reasons to be recorded in writing.
• Regulation 37 which states “Inspection and certified copies of documents” after the proviso to sub-regulation (3), the following second proviso shall be inserted namely: -
“Provided further that for the purposes of inspection and grant of certified copies of confidential documents, the time limits as stipulated under regulation 35 of these regulations, shall apply.”
This shall come into force on May 10, 2024
[Notification No. L-3(2)/ Regl.-Gen. (Amdt.)/ 2024/CCI]
