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    <title>Smt Nirmala Sitharaman, the Minister of State (Independent Charge) for Commerce and Industry says that Competition Commission of India (CCI) needs to continue to be a dynamic regulatory institution keeping in view the stage of economic development of the country and the diversity of the economy</title>
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    <description>The Commission must operate as a dynamic regulatory institution, developing sectoral expertise and engaging with policy bodies to identify obsolete restrictions and propose pro competitive regulatory reforms. Enforcement under the Competition Act, 2002 relies increasingly on economic analysis; capacity building through the National Conference on Economics of Competition Law is institutionalised. CCI&#039;s mandate is to prevent practices adverse to competition, promote and sustain competition, protect consumers, and ensure freedom of trade; recent public procurement bid rigging orders are intended to have a preventive effect.</description>
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