Tag: CCI

Section 7 of the Competition Act, 2002 defines the Establishment of Commission— (1) With effect from such date as the Central Government may, by notification, appoint, there shall be established, for the purposes of this Act, a Commission to be called the “Competition Commission of India”. (2) The Commission shall…

Introduction Competition act, 2002 The competition bill, 2001 was introduced in Lok Sabha on 6 august 2001 and passes on December 2002 to replace the MRTP act, 1969. The act is also acknowledged as competition act 2002 or antitrust law.  The objective of the act to prohibits anti competitive agreements,…