“FAIR COMPETITION FOR the greater good.” The motto of the Competition Commission of India (CCI) makes obvious the responsibility the institution is entrusted with—make India a fair playground for doing business. Established in 2003, India’s competition watchdog took its time to evolve, learn from its mistakes, and emerge as a confident institution that not only leaves no stone unturned in creating a ‘fair’ business environment in a developing country like India, but also set benchmarks for India Inc. in terms of fair practices.
The initial journey was rough. “Initial orders were overturned in the appellate tribunal as there were a lot of procedural lapses on fairness and due process issues. CCI was admonished quite a few times; there was a rap on the