Fair competition is the cardinal principle of free market economy. In this context, discuss the role of Competition Commission of India and compare its position with anti-trust institutions of other countries.
Main Body
When compared to the anti-trust institutions in other countries like USA FTC is a statutory and quasi-judicial body formed with an aim to ensure the provision of the Constitution Act 2002. It plays a vital role in ensuring fair competition within is the cardinal principle of free market economy in following major → 1. Eliminates practices using undermines the spirit of fair competition, en: CCI suspended is permission for Zomato's deal unit future goods and game it to balance one to analyse of [illegible] by Amazon. 2. Promoting consumer welfare – prevent interests of consumers. 3. Helps in ensuring fair trades is market economy of india. 4. Promote competition advocacy and provide training on competition related institutions.
— Lavanya Gaur · AIR 57
Conclusion
22 words
Lavanya Gaur
Statutory, Regulatory and Quasi-judicial Bodies
Regulatory Bodies
Competition Commission of India
139
Total words
1
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