A PYMNTS Company

India: Outgoing CCI Chief Chawla says ‘house is half built’

 |  January 6, 2016

As he signs off after an eventful over 4-year tenure, CCI chief Ashok Chawla feels the implementation of the competition regime is like a “house half built” and the remaining work needs to be completed hereafter.

After taking over the reins as Chairman in October 2011, Chawla, a seasoned bureaucrat, has been making efforts at the Competition Commission of India (CCI) to sensitise enterprises about fair trade regulations while also cracking down on the violators. His tenure ends on Thursday.

When asked what he would like his legacy to be described as, Chawla told PTI in an interview that “the house is half built and it has to be completed – in terms of both the administrative work and the (regulatory) work that we do”.

Under the stewardship of Chawla, the Commission grew from being a young regulator to cracking the whip on many entities across sectors, including realty, infrastructure, aviation and financial markets.

The CCI chief emphasised that the conscious endeavour is to ensure that the regulator moves with times.

Full content: The Economic Times

Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.