Statutory Functioning of Competition Commission of India
Shri R.P.N.Singh, Minister of State for Corporate Affairs informed the Lok Sabha in a written reply that Competition Commission of India (CCI) has started its statutory functioning. He informed that Section 3 and 4 of the Competition Act, 2002, relating to Anti-Competitive Agreement and Abuse of Dominant position have been notified and came into force with effect from 20th May, 2009.
The Minister further informed the House that during the period 01-01-2010 to 31-12-2010, 96 cases have been registered and 43 cases have been disposed off, he said.
Join LAWyersClubIndia's network for daily News Updates, Judgment Summaries, Articles, Forum Threads, Online Law Courses, and MUCH MORE!!"
Views 1383 Report