No exemption provided to any Sector under the Competition Act, 2002.

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..... No exemption provided to any Sector under the Competition Act, 2002.
News and Press Release
Dated:- 13-8-2012

Press Information Bureau Government of India Ministry of Corporate Affairs .....

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..... 13-August-2012 18:12 IST No exemption provided to any Sector under the Competition Act, 2002 The Competition Act, 2002 does not provide exemption to any sector including telecom and banking sector .....

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..... s from its ambit. This was stated in the Rajya Sabha by Shri R.P.N. Singh, Minister of State in the Ministry of Corporate Affairs in reply to an USQ question today. Department of Financial Services .....

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..... has approached Ministry of Corporate Affairs for granting exemption to loss making and failing organisations in the insurance sector and the banking sector from the purview of Competition Act, 2002. H .....

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..... owever, no such specific communication has been received from Department of Telecommunication seeking exemption in Telecom Sector. MoS also informed Rajya Sabha that in the proposed Draft National Co .....

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..... mpetition Policy, a Cabinet Committee on Competition has been proposed to inter-alia look into conflicts between regulators. The draft policy is at consultations stage at present. ***** RC/JR
Ne .....

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..... ws - Press release - PIB .....

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