Competition (Amendment) Bill, 2023 passed in Rajya Sabha without discussion

New Delhi: Parliament has passed the Competition (Amendment) Bill, 2023 with the Rajya Sabha approving it yesterday amid din without discussion. The Lok Sabha cleared the Bill last week. Finance Minister Nirmala Sithraman moved the Bill in the Upper  House which was passed with a voice vote amid protests by the opposition parties over the Adani Group issue.  The Bill seeks to amend the Competition Act, 2002 to regulate mergers and acquisitions based on the value of transactions.