Article
Private Compensation In Indian Competition Law: An Untapped Remedy
India’s competition law framework has long recognised follow-on private compensation claims. However, nearly two decades since inception, this remedy remains largely dormant, with only 11 applications filed and just one decided on merits. Compensation applications are now moving towards substantive hearings, the Competition (Amendment) Act, 2023 (2023 Amendment) has expanded the statutory gateway, and the Competition Commission of India (CCI) is showing growing appetite for technical analysis that compensation adjudication demands.
Shardul Amarchand Mangaldas & Co