26 Aug 2016

The Competition Act, 2002 (the “Act”) provides the Competition Commission of India (the “Commission”) with two mechanisms viz. enforcement and advocacy to promote competitive markets and thereby protect consumers. “Competition advocacy” refers to those activities conducted by the competition agency to promote a competitive environment by means of non-enforcement mechanisms, and mainly through its relationships with other government bodies and by increasing public awareness of the benefits of competition[1].>>

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08 Aug 2016

India is one of the fastest growing e-commerce markets in the world and much to the relief of the e-commerce business in India, the Department of Industrial Policy and Promotion (DIPP) has brought much needed clarity to the scope of Foreign Direct Investment (FDI) in e-commerce activities vide the Press Note No.3 of 2016 (“Press Note”) which was later incorporated into the Consolidated FDI Policy Circular of 2016 brought out by the Ministry of Commerce and Industry on 7th June, 2016 (“FDI Policy 2016”). Until the said Press Note, up to 100% FDI was permitted, under automatic route, in Business-to-Business (B2B) e-commerce. The said Press Note sets out guidelines for foreign investment in the e-commerce sector.>>

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05 Aug 2016

The government’s efforts to make India more business and investment friendly involve structural changes, regulatory amendments as well as a thrust on economic diplomacy. The Draft Model for India’s Bilateral Investment Treaty (“BIT”) released by the government in 2015 is one more instrument that has significant potential to attract foreign investment into India while also encouraging Indian businesses to expand globally.>>

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