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THE COMPETITION ACT, 20021 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
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 ensure freedom of trade carried on by other participants in markets, in India ...
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
Ministry Of Corporate Affairs
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 ensure freedom of trade carried on by other participants in markets, in India, ...
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.
An Act, keeping in view of the economic development of the country, was laid down to provide for an establishment of a commission with the following object: -to prevent practices having adverse effect on competition, -to promote and sustain competition in markets, -to protect the interests of consumers, -to ensure freedom of trade carried on by ...
32. Acts taking place outside India but having an effect on 30 competition in India 33. Power to issue interim orders 31 34. [Omitted by Competition (Amendment) Act, 2007] --35. Appearance before Commission 32 36. Power of Commission to regulate its own procedure 33 37. [Omitted by Competition (Amendment) Act, 2007] --38. Rectification of ...
Feb 10, 2024 · However, with the replacement of the MRTP Act with the Competition Act, 2002, the Competition Commission now monitors the market and the competition within it. Some of the restrictive trade practices entered into by enterprises have been discussed here.
The Competition Commission of India is now fully functional with a Chairperson and six members. The provisions of the Competition Act relating to anti-competitive agreements and abuse of dominant position were notified on May 20, 2009. THE COMPETITION (AMENDMENT) ACT, 2023.
