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Coronavirus: CCI gives green light for rivals in key sectors to coordinate amid pandemic

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NEW DELHI : With India facing a major health emergency due to the novel Coronavirus pandemic, the Competition Commission of India said that anti-trust laws allow rivals in various critical sectors healthcare products and other essential commodities and services can engage in greater coordination without the fear of the any adverse action. “...the Act has in-built safeguards to protect businesses from sanctions for certain coordinated conduct, provided such arrangements, as mentioned above, result in increasing efficiencies.

These provisions will inform the decisions of the Commission," the anti-trust watchdog said in an advisory to businesses on Sunday.

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The economy is recovering, says President during meeting with professionals
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