Introducing the “In Favour Of” filter in Case Laws.
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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Section 49 of Competition Act: Commission's Role in Advocacy, Opinion on Policies, and Promotion of Competition Culture Enhanced.</h1> Section 49 of the Competition Act, 2002, outlines the role of the Commission in competition advocacy. The Central and State Governments can seek the Commission's opinion on the impact of policies related to competition. The Commission must provide its opinion within sixty days, but this opinion is not binding on the governments. Additionally, the Commission is tasked with promoting competition advocacy, raising awareness, and providing training on competition issues. Amendments in 2007 and 2023 have refined these provisions, including the insertion of measures for promoting a culture of competition.
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