About this document
Importance of Competition Act 2002 by Onkar Sawant is a document available to read on EtoBox.
The Competition Act of 2002 replaced the Monopolies and Restrictive Trade Practices (MRTP) Act of 1969 in order to more effectively promote competition in India and protect consumer interests. The Competition Act focuses on preventing anti-competitive agreements between businesses and abuse of dominant market positions, while also establishing the Competition Commission of India to regulate fair competition in the country based on models from the European Union.
- Author
- Onkar Sawant
- Language
- EN