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<h1>Structured Approach for Evaluating Legislation Impact on Market Competition under Competition Act, 2002</h1> The Competition Assessment format outlines a structured approach for evaluating legislation or bills in terms of their impact on market competition in India. It requires identification of the legislation, its current status, and a detailed competition assessment. Key areas of focus include potential adverse effects on market competition, restrictions on market entry and exit, consumer choice, and alignment with the objectives of the Competition Act, 2002. Provisions that might negatively impact competition must be listed and evaluated for necessity. Suggestions for modifications to enhance competition are required, along with an assessment of whether these changes align with the legislation's objectives. Countervailing factors justifying any anti-competitive elements are also to be considered.