Congress accuses CCI of approving all Adani acquisitions, leading to monopolies and higher prices.

The Congress party accuses the Competition Commission of India (CCI) of approving all acquisitions by the Adani Group, leading to monopolies in key infrastructure sectors and higher prices for consumers. Congress General Secretary Jairam Ramesh claims that the CCI has failed to curb Adani's monopolistic practices, questioning why regulatory institutions seem passive when transactions involve the Adani Group, which has been accused of benefiting from government-created monopolies. The opposition party calls for the CCI to take a more active role in monitoring and regulating Adani's market dominance.

August 21, 2024
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