Competition Act, 2002 Competition Act, 2002 Competition Act, 2002
 
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Competition Act, 2002

 

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Competition Act, 2002

 

Preamble

   
  CHAPTER I: PRELIMINARY
1.

Short title, extent and commencement

2.

Definitions

   
  CHAPTER II: PROHIBITION OF CERTAIN AGREEMENTS, ABUSE OF DOMINANT POSITION AND REGULATION OF COMBINATIONS
  Prohibition of agreements
3.

Anti-competitive agreements

  Prohibition of abuse of dominant position
4.

Abuse of dominant position

  Regulation of combinations
5.

Combination

6.

Regulation of combinations

   
  CHAPTER III: COMPETITION COMMISSION OF INDIA
7.

Establishment of Commission

8.

Composition of Commission

9.

Selection Committee for Chairperson and Members of Commission

10.

Term of office of Chairperson and other Members

11.

Resignation, removal and suspension of Chairperson and other members

12.

Restriction on employment of Chairperson and other Members in certain cases

13.

Administrative powers of Chairperson

14.

Salary and allowances and other terms and conditions of service of Chairperson and other Members

15.

Vacancy, etc. not to invalidate proceedings of Commission

16.

Appointment of Director General, etc.

17.

Appointment of Secretary, experts, professionals and officers and other employees of Commission

   
  CHAPTER IV: DUTIES, POWERS AND FUNCTIONS OF COMMISSION
18.

Duties of Commission

19.

Inquiry into certain agreements and dominant position of enterprise

20.

Inquiry into combination by Commission

21.

Reference by statutory authority

21A.

Reference by Commission

22.

Meetings of Commission

23.

Omitted

24.

Omitted

25.

Omitted

26.

Procedure for inquiry under section 19

27.

Orders by Commission after inquiry into agreements or abuse of dominant position

28.

Division of enterprise enjoying dominant position

29.

Procedure for investigation of combination

30.

Procedure in case of notice under sub-section (2) of section 6

31.

Orders of Commission on certain combinations

32.

Acts taking place outside India but having an effect on competition in India

33.

Power to issue interim orders

34.

Omitted

35.

Appearance before Commission

36.

Power of Commission to regulate its own procedure

37.

Omitted

38.

Rectification of orders

39.

Execution of orders of Commission imposing monetary penalty

40.

Omitted

   
  CHAPTER V: DUTIES OF DIRECTOR GENERAL
41.

Director General to investigate contravention

   
  CHAPTER VI: PENALTIES
42.

Contravention of orders of Commission

42A.

Compensation in case of contravention of orders of Commission

43.

Penalty for failure to comply with directions of Commission and Director General

43A.

Power to impose penalty for non-furnishing of information on combinations

44.

Penalty for making false statement or omission to furnish material information

45.

Penalty for offences in relation to furnishing of information

46.

Power to impose lesser penalty

47.

Crediting sums realised by way of penalties to Consolidated Fund of India

48.

Contravention by companies

   
  CHAPTER VII: COMPETITION ADVOCACY
49.

Competition advocacy

   
  CHAPTER VIII: FINANCE, ACCOUNTS AND AUDIT
50.

Grants by Central Government

51.

Constitution of Fund

52.

Accounts and Audit

53.

Furnishing of returns, etc., to Central Government

   
  CHAPTER VIIIA: COMPETITON APPELLATE TRIBUNAL
53A.

Establishment of Appellate Tribunal

53B.

Appeal to Appellate Tribunal

53C.

Composition of Appellate Tribunal

53D.

Qualifications for appointment of Chairperson and Members of Appellate Tribunal

53E.

Selection Committee

53F.

Term of office of Chairperson and Members of Appellate Tribunal

53G.

Terms and conditions of service of chairperson and Members of Appellate Tribunal

53H.

Vacancies

53-I.

Resignation of Chairperson and Members of Appellate Tribunal

53J.

Member of Appellate Tribunal to act as its Chairperson in certain cases

53K.

Removal and suspension of Chairperson and Members of Appellate Tribunal

53L.

Restriction on employment of Chairperson and other Members of Appellate Tribunal in certain cases

53M.

Staff of Appellate Tribunal

53N.

Awarding compensation

53-O.

Procedures and powers of Appellate Tribunal

53P.

Execution of orders of Appellate Tribunal

53Q.

Contravention of orders of Appellate Tribunal

53R.

Vacancy in Appellate Tribunal not to invalidate acts or proceedings

53S.

Right to legal representation

53T.

Appeal to Supreme Court

53U.

Power to Punish for contempt

   
  CHAPTER IX: MISCELLANEOUS
54.

Power to exempt

55.

Power of Central Government to issue directions

56.

Power of Central Government to supersede Commission

57.

Restriction on disclosure of information

58.

Chairperson, Members, Director General, Secretary, officers and other employees, etc., to be public servants

59.

Protection of action taken in good faith

60.

Act to have overriding effect

61.

Exclusion of jurisdiction of civil courts

62.

Application of other laws not barred

63.

Power to make rules

64.

Power to make regulations

65.

Power to remove difficulties

66.

Repeal and saving

 

Competition Act, 2002

 

 

 

 

 

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