What are the objectives of Competition Act, 2002?

CS Executive · Economic, Business and Commercial Laws · PYQS · December 2020
What are the objectives of Competition Act, 2002?

Answer & Explanation:

The objectives of the Competition Act, 2002 are as under: To promote and sustain competition in the markets in India To protect the interest of consumers and to ensure freedom of trade carried on by other participant in the markets in India and for matters connected therewith or incidental thereto. Establishment of Competition Commission of India to prevent practices having adverse effect on competition.

Topics: Competition Act, 2002

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