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The Competition Act, 2002
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 con umers and to ensure freedom of trade carried on by other participants in markets, in India, and for matters connected therewith or incidental thereto.
BE it enacted by Parliament in the Fifty-third Year of the Republic of
India as follows:-
Sections:
- CHAPTER I Preliminary
- CHAPTER II Prohibition of certain agreements, abuse of dominant position and regulation of combinations
- CHAPTER III Competition commission of india
- CHAPTER IV Duties, powers and functions of commission
- CHAPTER V Duties of director general
- CHAPTER VI Penalties
- CHAPTER VII Competition advocacy
- CHAPTER VIII Finance, accounts and audit
- CHAPTER IX Miscellaneous
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