Search results
The Competition Act, 2002 is an Indian law that regulates competition and prevents anti-competitive practices. It establishes the Competition Commission of India (CCI) and provides for its powers, functions, penalties and appeals.
The Competition Act, 2002 is a law that regulates competition in India and prohibits anti-competitive agreements, abuse of dominant position and combinations. It also establishes the Competition Commission of India and the Appellate Tribunal to enforce the law and impose penalties.
THE COMPETITION ACT, 2002 ACT NO. 12 OF 2003 [13th January, 2003.] An Act to provide, keeping in view of the economic development of the country, for the establishment of a Commission to prevent practices having adverse effect on competition, to promote and sustain competition in markets, to protect the interests of consumers and to
Learn about the Competition Act 2002, a law that governs commercial competition in India and replaced the Monopolies and Restrictive Trade Practices Act 1969. Find out the definitions, salient features, and FAQs of the act for UPSC preparation.
The Competition Act 2002 regulates anti-competitive practices and abuse of dominant position in India. The Competition (Amendment) Act 2023, published in April 2023, introduces changes to the Act, such as increasing the pecuniary penalties and the threshold for merger control.
The Competition Act, 2002 replaced the MRTP Act, 1969 and established a Commission to regulate competition and consumer protection in India. Read the complete act, amendments, rules, circulars and notifications on the official website.
Jan 13, 2003 · The Competition Act, 2002 [13th January, 2003.] Act No. 12 of 2003 Chapter I Preliminary 1. Short title, extent and commencement. - This Act may be called The Competition Act, 2002. It extends to the whole of India except the State of Jammu and Kashmir.
