With the economic recovery, the impact of this factor is diminishing, but new elements have emerged, such as low interest income, the need to reduce financial leverage, and the fall in the prices of some services due to advances in technology and increased competition.
Shri Ashok Chawla, distinguished invitees, our friends from the press, and ladies and gentlemen: It is a great honour to be invited to deliver the Annual Day lecture at the Competition Commission of India.