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K K Sharma, Apr 14, 2015
The CCI’s task, which is already complex, becomes even more complex when it is highly expected to neither be sparing to those who violate the law, nor too overzealous in its approach lest it should disturb economic progress by any negative sentiments. Therefore, the best course for the regulator should be to ensure compliance of the law while evoking caution, but not fear, while dealing with the realities of the economy. And it will need to remember that the economy has been in the tight grip of the State, with many state-controlled giants still holding sway despite appearing to be legally independent enterprises. A tough job indeed!
