The Competition Commission Of India (CCI) And CCI Act 2002
Post on 26,November 2015   5:00 AM
By - PolyEyes Staff
views 650
Bookmark and Share

About CCI : Competition commission of India is a body responsible for enforcing the competition Act, 2002 throughout India and to prevent activities that have an adverse effect on competition in India. It was establish in India. It was established on 14 October 2003. It became fully functional in May 2003.

  • CCI consist of a chairperson and 6 members appointed by the central government.
  • The duty of the commission is to eliminate practice having adverse effect on competition, promoted & sustain competition, protect the interests of consumers and ensure freedom of trade in the markets of India.
The commission is also required to give opinion on issues on a reference received from a statutory authority establishment under any law and to undertake competition advocacy, create public awareness and impast training on competition issue.

The Competition Act, 2002: Prohibits anti argument competitive arguments, abuse of dominant position by enterprises and regulates combinations (Acquisition, acquiring of control, and merger and acquisition), which causes or likely to cause an appreciable adverse effect on competition within India. 

Recent Action Taken by CCI: CCI imposes penalties upon Airlines for concerted action in fixing fuel surcharge (FSC) on cargo transport.

The three airlines are: Jet Airways, Indigo and Spicejet.
  • The three airlines acted in collusion to fix fuel surcharge rates which resulted in indirectly determining the rates of air cargo transport.
  • According to CCI, such conduct in the air cargo industry undermines.
  • economic development of the country and ultimately acts to the detriment of end consumes. 

Back
Comments ( 0 )
Add a comment
Your name: *
E-mail:
The content of this field is kept private and will not be shown publicly.
Title:


Related Articles

Prelims Online Test Series
UPSC 2017 Prelims Test Series Registration Link

UPSC REGISTRATION
JPSC 2017-18 PRELIMS Test Series

REGISTRATION
PolyEyes Recent Updates
Most Recent Comments

sir ,

as per BPSC answer key i socred 87 in General category... is there any chance that i will qualify the prelims.

by Raman

Dear Sir

Enough speculation about cutoffs of different categories but totally ignored the new addition I.e. freedom fighter reservation. Please give a clue.

by Sharad

What will be expected cut off for Gen (male) in present scenario ??

by Rahul Vatsa

If you 35... General You can appear

by PolyEyes Help Desk

sir for 7th jpsc, any idea about cut off year for calculating age limit pls?

by Pankaj

Hi ,

I am getting 88 in Gen category as par BPSC key. Is there any chnace for qualify?

Thanks..

Amitanshu

by Amitanshu

I score 82 in general cat. Is there any chance?

by Shakti
Get RSS Feeds
  • All Stories
  • Recently Published Stories
  • Most Viewed Stories
  • Just In Photos
  • Most Viewed Photos