3. INTRODUCTION
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.
4. COMPOSITION
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
5. contd....
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.
6. DUTIES
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.
7. contd....
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.
8. POWERS
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.
9. BENCHES
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.
10. CASE
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.