Competition (Amendment) Act 2007: GK, Current Affairs, Questions, Trivia and News

Competition Commission of India

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 ..

CCI Imposes Penalty on Pharma Companies and Trade Bodies

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 ..