Competition Commission of India (CCI) – Role, Functions and Challenges
The Competition Commission of India (CCI) was established through the competition Commission Act 2002. The CCI has one Chairman and six members appointed by the central government It is a statutory body and it's aim is to eliminate the discriminatory practices which have an adverse impact on the competition between the business houses or companies. Role of Competition Commission of India: 1. Support economic growth: As it aims to provide equal opportunity to every person or industry which leads to the development of the economy. 2. Ensure free trade: It is a body that has the power to take legal action against unfair competition. 3....
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