New head for India’s
Competition Commission
Ashok
Kumar Gupta has been appointed as the new chairman of the Competition
Commission of India, replacing Devender Kumar Sikri.
His
appointment follows review by a selection committee consisting of the minister
for corporate affairs, minister of law and justice and experts drawn from law
and economics. In common with other
heads of India’s competition authority, Gupta does not have an antitrust
enforcement background. Gupta has been a
civil servant for 36 years, starting out in Tamil Nadu’s state government. Recently
he was head of the Department of Defence Production, part of the Ministry of
Defence.
Gupta
is expected to contribute deep sector expertise, particularly in the defence,
healthcare and shipping sectors.
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