On 18 May 2023, the Ministry of Corporate Affairs (MCA) notified certain provisions of the Competition (Amendment) Act, 2023 (Amendment Act). We highlight key amendments that are now in force, some implications, and also discuss the amendments that are not yet effective. The amendments not yet in force largely include provisions that require further regulations to become operational, such as settlements & commitments, deal value threshold, revised timelines for merger approvals, etc.