#CCI Competition Commission of India Competition Commissi | Judiciary UP

#CCI
Competition Commission of India

Competition Commission of India (CCI) is a statutory body of the Government of India responsible for enforcing the Competition Act, 2002, it was duly constituted in March 2009.

The Monopolies and Restrictive Trade Practices Act, 1969 (MRTP Act) was repealed and replaced by the Competition Act, 2002, on the recommendations of the Raghavan committee.

Objective:

Competition Commission of India (CCI) is the competition regulator, and an antitrust watchdog for smaller organizations that are unable to defend themselves against large corporations, with the larger aim of consumer welfare, ensuring fair and healthy competition in economic activities.

Composition:

The Commission consists of one Chairperson and six Members who shall be appointed by the Central Government.

The commission is a quasi-judicial body which gives opinions to statutory authorities and also deals with other cases. The Chairperson and other Members shall be whole-time Members.

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