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Civil & Commercial

Competition Act, 2002

2002 · Ministry of Corporate Affairs · 66 sections

Prohibits anti-competitive agreements and abuse of dominance, regulates combinations, and constitutes the Competition Commission of India (as amended by the Competition (Amendment) Act, 2023).

Most-invoked sections
Competition Act · 3

Anti-competitive agreements

Agreements causing or likely to cause an appreciable adverse effect on competition are void; cartels (price-fixing, market sharing, bid rigging) are presumed to have such effect.

Competition Act · 4

Abuse of dominant position

A dominant enterprise shall not impose unfair or discriminatory conditions or prices, limit production, deny market access, or leverage dominance in one market to enter another.

Competition Act · 5

Combination

Acquisitions, mergers and amalgamations above the asset/turnover thresholds (and, post-2023, the ₹2,000 crore deal-value threshold) are combinations requiring notification.

Competition Act · 6

Regulation of combinations

A combination causing an appreciable adverse effect on competition is void; notifiable combinations require CCI approval before completion (standstill).

Competition Act · 27

Orders after inquiry

The CCI may direct discontinuance, impose penalties of up to ten per cent of average turnover (or up to three times profit for cartels), and modify agreements.

The text shown is a working summary used inside Nyaya for grounding and UI preview. For verbatim reproduction, refer to the bare Act published on indiacode.nic.in.