*Competition Commission of India (CCI)*
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🔰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🔰The Monopolies and Restrictive Trade Practices Act, 1969 (MRTP Act) was repealed and replaced by the Competition Commission of India (CCI) is a statutory body of the Government of India responsible for enforcing the Competition Act, 2002,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🔰The Monopolies and Restrictive Trade Practices Act, 1969 (MRTP Act) was repealed and replaced by the Competition Act, 2002, on the recommendations of *Raghavan committee*
Competition Commission of India aims to establish a robust competitive environment.
The Competition Act was passed in 2002 and has been amended by the Competition (Amendment) Act, 2007.
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The Competition Act was passed in 2002 and has been amended by the Competition (Amendment) Act, 2007 and then 👉 In accordance with the provisions of the Amendment Act, the Competition Commission of India and the Competition Appellate Tribunal have been established.
Government replaced Competition Appellate Tribunal (COMPAT) with the National Company Law Appellate Tribunal (NCLAT) in 2017.
• quasi-judicial body
• A Chairperson and 6 Members appointed by the Central Government.
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