Competition Commission must study foreign firms' conduct, says Sitharaman

The CCI is already studying the new economy segment to understand how some companies abuse dominant positions

Corporate Affairs Minister Nirmala Sitharaman on Friday asked the Competition Commission of India (CCI) to look into the behaviour of companies overseas that affects Indian consumers.

Addressing an event organised to mark ten years of the CCI, Sitharaman said the commission should study global practices of companies and should take cognizance if such practices lead to competition issues in India.

She also said the commission should look at taking suo motu cognizance more often to ensure that nobody abuses dominant position or creates competition issues. “New economy is a challenge now.”

The CCI is already studying the new economy segment to understand how