The Competition Commission of India was established on 14th October 2003 under the Competition Act 2002. The Competition Act 2002 was passed by the parliament to prevent activities that may lead to an appreciable adverse effect on competition between companies, Industries in India. Following approvals were made by the competition commission of India on Friday, ..
Competition Act 2002: GK, Current Affairs, Questions, Trivia and News
Competition Commission of India (CCI) is responsible for enforcing The Competition Act,2002 throughout the country. It is a statutory body under the Government of India founded on 14 October 2003, ensures that healthy competition is maintained by avoiding unfair practices with the help of modern competition laws. The Competition Act, 2002 replaced The Monopolies and ..
The Competition Commission of India (CCI) is a statutory body of the Government of India which has been made responsible to enforce the Competition Act, 2002 in India. It also aims to prevent all unfair trade activities that have an adverse effect on competition in India. Why was the CCI formed? After the economic liberalization ..
The Competition Commission of India (CCI) has imposed penalties on pharma companies as well as Madhya Pradesh Chemists and Druggist Association (MPCDA) and Indore Chemists Association (ICA) for indulging in anti-competitive trade practices. What was the case? The Madhya Pradesh Chemists and Distributors Federation had complained that associations like MPCDA and ICA had mandated the ..