Over Two Dozen Petitions Filed by Corporates including Samsung to Limit Its Regulatory Role: CCI to SC

Over two dozen petitions have been filed by corporate giants, including Samsung, challenging the powers of the Competition Commission of India (CCI) and seeking a limit to its regulatory role. The petitioners argue that CCI’s sweeping powers over mergers, acquisitions, and market conduct go beyond its legislative mandate. They have approached the Supreme Court seeking a revision of the framework to reduce the Commission’s influence in corporate decision-making processes. The petitions have sparked a debate about the extent of government intervention in corporate operations and whether the current regulations stifle business growth or promote healthy competition.