The Competition Act `2003

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 protect the interests of consumers and to ensure freedom of trade carried on by other participants in markets, in India, and for matters connected therewith or incidental thereto.
2003
  • Prohibition of abuse of dominant position

  • 4
     Abuse of dominant position
  • Regulation of combinations

  • 5
     Combination
  • 6
     Regulation of combinations
  • 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
  • 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 combinations
  • 30
     Inquiry into disclosures 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 Indi
  • 33
     Power to issue interim orders
  • 34
     Omitted
  • 35
     Appearance before Commissio
  • 36
     Power of Commission to regulate its own procedure
  • 37
     Omitted
  • 38
     Rectification of order
  • 39
     Execution of orders of Commission imposing monetary penalty
  • 40
     Omitted
  • DUTIES OF DIRECTOR GENERAL

  • 41
     Director General to investigate contraventio
  • PENALTIES

  • 42
     Contravention of orders of Commission
  • 42A
     Compensation in case of contravention of orders of Commissio
  • 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 informatio
  • 46
     Power to impose lesser penalt
  • 47
     Crediting sums realised by way of penalties to Consolidated Fund of India
  • 48
     Contravention by companies
  • COMPETITION ADVOCACY

  • 49
     Competition advocacy
  • 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
  • APPELLATE TRIBUNAL

  • 53A
     Establishments of Appellate Tribuna
  • 53B
     Appeal to Appellate Tribunal
  • 53C
     Composition of Appellate Tribuna
  • 53D
     Qualifications for appointment of Chairperson and Members of Appellate Tribunal
  • 53E
     Selection Committe
  • 53F
     Term of office of Chairperson and Members of Appellate Tribuna
  • 53G
     Terms and conditions of service of Chairperson and Members of Appellate Tribunal
  • 53H
     Vacancies
  • 53I
     Resignation of Chairperson and Members of Appellate Tribuna
  • 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 compensatio
  • 53O
     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 Cour
  • 53U
     Power to Punish for contempt
  • 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 informatio
  • 58
     Chairperson, Members, Director General, Secretary, officers and other employees, etc., to be public servant
  • 59
     Protection of action taken in good faith
  • 60
     Act to have overriding effec
  • 61
     Exclusion of jurisdiction of civil courts
  • 62
     Application of other laws not barred
  • 63
     Power to make rule
  • 64
     Power to make regulations
  • 65
     Power to remove difficulties
  • 66
     Repeal and savin