CCI urges film bodies and trade associations to impose self-regulatory do’s and don’ts to align business practices with tenets of competition
CCI urges film bodies and trade associations to impose self-regulatory do’s and don’ts to align business practices with tenets of competition Mumbai, March 16, 2012. The Competition Commission of India (CCI) has advised film bodies and trade associations to put in place self-regulatory do’s and don’ts to align their business practices with the tenets of competition and free play of market forces. Speaking at FICCI FRAMES 2012 here on Friday, Mr. Ashok Chawla, Chairman, CCI, urged entertainment and media enterprises and related trade associations to initiate competition compliance programme. Trade bodies could be used for price coordination or market allocation amongst member companies, he cautioned. A competition compliance programme would include imparting awareness and training to employees who may engage themselves or are exposed to anti competitive conducts. It not only reduces the risk of contraventions, but also facilitates timely detections and can be useful in mitigating pe...