The Union government’s decision to tweak the penalty formula for competition law violators may face legal challenges, experts said.

       Passed by Parliament earlier this month, the Competition Amendment Bill proposes to tweak the penalty formula applicable for anti-trust violations. Until now, the Competition Commission of India (CCI) used to calculate the penalty against an entity based on what is called ‘relevant turnover’. But the government has clarified in the new bill that the ‘global turnover’ of the entity will be considered for computing penalty.

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