WebThe main objectives of the Act: To prevent practices having adverse effect on competition To promote and sustain competition in markets To protect the interests of consumers To ensure freedom of trade The motto of the act was Fair Competition For Greater Good.. The key provisions include: WebTo address these objectives, we focused our review on three agencies, the ... Act of Fiscal Year 2002 (Pub. L. No.107-107). 4 H.R. Conf. Rep. No. 109-360, at page 765 ... State misclassified the competition type reported for a contract that was awarded competitively. In each of these instances, we used corrected
THE COMPETITION ACT, 2002 (12 OF 2003) …
WebApr 5, 2024 · The Digital Services Act (DSA) deals predominantly with content moderation issues, and the Digital Markets Act (DMA) aims to ensure fair competition. The DSA implements stronger rules, which can be read as a response to the social and political challenges that were identified by the Commission as being caused by online platform … WebAct ID: 200312: Act Number: 12: Enactment Date: 2003-01-13: Act Year: 2003: Short Title: The Competition Act, 2002: Long Title: An Act to provide, keeping in view of the economic development of the country, for the establishment of a Commission to prevent practices having adverse effect on competition, to promote and sustain competition in markets, to … imyphone free license key
the Competition Act, 2002 - Indian Kanoon
WebOct 28, 2024 · The Competition Act, 2002 replaced the old statute formed to maintain a healthy competition in the market, called The Monopolies and Restrictive Trade Practices Act, 1969. [4] It was further amended in the year 2007 and 2009 [5] and has a wider jurisdiction than the old act as it also includes extra-territorial jurisdiction within its ambit. WebMay 15, 2024 · The authoritative objective behind this act is to address all roadblocks in propelling competition among forte units whether the private or outside root. The … WebSalient Features of the Competition Act, 2002 The objectives of the Act a. Facilitate & foster fair competition in the market. b. Establish a commission to prevent practices having an adverse effect on competition in the … dutch mill delight probiotic drink