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COMPETITION COMMISSION OF COMPETITION COMMISSION OF INDIAINDIA
PRESENTED BY :PRESENTED BY :MALVIKA BANSALMALVIKA BANSALMBA BIOTECH -11MBA BIOTECH -11
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ROAD MAPROAD MAP INTRODUCTION.INTRODUCTION. COMPOSITION.COMPOSITION. DUTIES.DUTIES. POWERS.POWERS. BENCHES.BENCHES. CASE.CASE.
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INTRODUCTIONINTRODUCTION Competition Commission of India is a body
of the Government of India responsible for enforcing The Competition Act, 2002 throughout India and to prevent activities that have an adverse effect on competition in India.
It was established on 14 October 2003.
It became fully functional in May 2009 in India.
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COMPOSITIONCOMPOSITION
The Commission comprises a Chairperson and not less than two and more than six members appointed by the central government.
Ashok Chawla is the current Chairperson of the CCI.
The members of the Competition Commission of India are:
- H.C. Gupta
- R. Prasad
- S.N. Dhingra
- Geeta Gouri
- Anurag Goel
- M.L. Tayal
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The Chairperson and every other Member shall be a person of ability, integrity and standing and who has special knowledge of, and such professional experience of not less than fifteen years in, international trade, economics, business, commerce, law, finance, accountancy, management, industry, public affairs or competition matters, including competition law and policy, which in the opinion of the Central Government, may be useful to the Commission.
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DUTIESDUTIES
To eliminate practices having adverse effect on competition.
To promote and sustain competition. To protect the interests of consumers and
ensure freedom of trade in the markets of India.
To encourage creation of entities which can deliver faster and better goods and services.
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The Commission is also required to give opinion on competition issues on a reference received from a statutory authority established under any law.
To undertake competition advocacy, create public awareness and impart training on competition issues.
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POWERSPOWERS
The commission shall have the powers to regulate its own procedure.
The Commission may call upon experts, from the field of economics, commerce, accountancy, international trade or from any other discipline as it deems necessary to assist the body in the conduct of any inquiry it undertakes.
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BENCHESBENCHES
The benches shall be constituted by the Chairperson and each Bench shall consist of not less than two members.
Every bench shall consist of at least one Judicial Member.
The Bench over which Chairperson presides shall be the Principal Bench and the other Benches shall be known as Additional Benches.
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CASECASE
On 8 February 2013, CCI imposed a penalty of 52.24 crores (US$9.6 million) on the Board of Control for Cricket in India (BCCI) for misusing its dominant position.
The CCI found that IPL team ownership agreements were unfair and discriminatory, and that the terms of the IPL franchise agreements were loaded in favour of BCCI and franchises had no say in the terms of the contract.
The CCI ordered BCCI to "cease and desist" from any practice in future denying market access to potential competitors and not use its regulatory powers in deciding matters relating to its commercial activities.
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BIBLIOGRAPHYBIBLIOGRAPHY
• www.cci.gov.inwww.cci.gov.in
• en.wikipedia.org/wiki/en.wikipedia.org/wiki/Competition_Commission_of_IndiaCompetition_Commission_of_India
• www.cci.gov.in/images/media/Advocacy/www.cci.gov.in/images/media/Advocacy/CompetitionAct2012.pdfCompetitionAct2012.pdf
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THANK YOUTHANK YOU