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Assessment and Functioning of CCI

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....ssessment and Functioning of CCI <br>News and Press Release<br>Dated:- 27-2-2016<br><BR>Competition Commission of India (CCI) is a Statutory Body established under the Competition Act, 2002 to prevent....

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.... practices having adverse effect on competition, to promote and sustain competition in markets while protecting the interests of the consumers. The Commission prepares and forwards to the Central Gove....

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....rnment an annual report giving a full account of its activities during the previous year, which is laid before each Houses of Parliament. The number of cases of cartelisation/unethical business practi....

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....ces reported to CCI in the last three years and current year under provisions of the Competition Act, 2002 are given below: - Year Number of Cases reported to CCI 2012-13 94 2013-14 115 2014-15....

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.... 128 2015-16 (Up to 23.02.2016) 113 (Source : CCI) The details of cases reported, action taken/penalty imposed by CCI on such companies during each of the last three years and the current year, c....

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....ompany-wise/sector-wise are indicated in the Annexure - I to Annexure - IV. Under the provisions of the Competition Act, 2002 the CCI is mandated, inter-alia, to impose penalties and/or issue cease a....

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....nd desist orders in cases of unethical practices such as anti-competitive agreements and abuse of dominance. This was stated by Shri Arun Jaitley, Minister of Corporate Affairs in written reply to a....

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.... question in the Lok Sabha.<BR> News - Press release - PIB....