Harman Sandhu, Pallavi Shroff, Dec 16, 2010
The (Indian) Competition Act, 2002 (“Act”) aims to promote competition and to prevent practices that adversely affect competition. The Competition Commission of India (“CCI”) is the statutory body created to enforce the Act. Although enacted in 2002, the Act is being brought into force in a phased manner. Sections 3 and 4 of the Act (relating to anticompetitive agreements and abuse of dominance) were effectively brought into fo
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