CCI Hosts BRICS Competition Authorities Meeting 2026
The Competition Commission of India (CCI) organized the Meeting of Heads of BRICS Competition Authorities on August 8, 2026, in Udaipur, Rajasthan, under India's BRICS Chairship 2026. The meeting brought together heads and senior representatives of competition authorities from BRICS member countries to strengthen cooperation in promoting fair competition and addressing emerging challenges in competition law and policy.
In her inaugural address, Smt. Ravneet Kaur, Chairperson of CCI, emphasized the shared responsibility of BRICS competition authorities to preserve and promote competitive markets that foster efficiency, consumer welfare, innovation, and merit-based business opportunities. She highlighted the cross-border nature of digital markets and emerging technologies, noting that sustained cooperation and knowledge-sharing among BRICS authorities is essential for developing informed, effective, and future-ready approaches to competition enforcement.
Regarding the global transition toward renewable energy and sustainability, Chairperson Kaur stated that continued collaboration would contribute to fostering fair and competitive renewable energy markets while advancing shared objectives of sustainable growth and energy security. She emphasized that competition law interventions must remain principled, evidence-based, and firmly anchored in the core objectives of competition law amidst evolving market dynamics.
During the meeting, heads of BRICS Competition Authorities exchanged views on recent developments in competition law and policy in their respective jurisdictions, including significant enforcement initiatives, institutional developments, and emerging challenges in domestic markets. As part of India's BRICS Chairship, CCI steered a collaborative BRICS study titled "Emerging Competition Landscape in the Renewable Energy Sector in BRICS," which aimed to develop better understanding of evolving competition dynamics in renewable energy markets across BRICS jurisdictions and identify areas for future cooperation. The key findings of this study were presented during the meeting.
The meeting resulted in the adoption of a Joint Statement titled "Strengthening Cooperation to Promote Fair Competition, including in Renewable Energy Markets," which reflects the shared commitment of BRICS competition authorities to promote competitive, innovative, resilient, and sustainable renewable energy markets. The statement also commits to enhanced knowledge sharing among BRICS Competition Authorities in addressing emerging competition issues associated with the global energy transition.
The Administrative Council for Economic Defense (CADE), Brazil, briefed participants on its preparations for the Xth BRICS International Competition Conference scheduled to be held in Brazil in 2027. The meeting concluded with closing remarks where heads of BRICS Competition Authorities reaffirmed their commitment to continued cooperation, dialogue, and knowledge-sharing to promote effective competition enforcement and address emerging challenges in increasingly interconnected markets.