Question

Competition Commission of India performs which of the following Functions:

Code:

• A. 1 and 2 only
• B. 2 and 3 only
• C. 3 only
• D. None of these

Answer 1

The correct option is A

1 and 2 only

Competition Commission of India is responsible for enforcing The Competition Act, 2002. The Act prohibits anti-competitive agreements, 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.

CCI consists of a Chairperson and 6 Members appointed by the Central Government