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<h1>Competition Commission of India: Established under Competition Act, 2002, with authority to manage properties and conduct legal proceedings.</h1> The Competition Commission of India (CCI) is established under the Competition Act, 2002, effective from a date appointed by the Central Government. The CCI is a corporate body with perpetual succession and a common seal, empowered to acquire, hold, and dispose of property, and to enter into contracts. It can initiate or face legal proceedings under its name. The head office location is determined by the Central Government, and the Commission may also establish additional offices across India.