Back to Browse Legislation

Act

The Competition Act, 2002 (India Code PDF)

India Code · Act

Status
Current Consolidated
Issued
2003-01-13
Pages
46
Sections indexed
123

Official provenance

The local viewer uses a retained PDF downloaded from the official source. Open the source page or PDF to cross-check the record.

Official source pageOpen official PDF

Legislation document

Read the legislation PDF

Open PDF in new tab

This preview uses the locally retained read-only PDF. The official source link remains above for cross-checking.

Section index

Find a provision quickly

Open extracted text
  1. 1. Short title, extent and commencementp. 4
  2. 2. Definitionsp. 4
  3. 3. Anti-competitive agreementsp. 7
  4. 4. Abuse of dominant positionp. 9
  5. 5. Combinationp. 10
  6. 6. Regulation of combinationsp. 12
  7. 6A. Open offers, etcp. 13
  8. 7. Establishment of Commissionp. 14
  9. 8. Composition of Commissionp. 14
  10. 9. Selection Committee for Chairperson and Members of Commissionp. 14
  11. 10. Term of office of Chairperson and other Membersp. 15
  12. 11. Resignation, removal and suspension of Chai rperson and other Membersp. 15
  13. 12. Restriction on employment of Chairperson and other Membersp. 15
  14. 13. Administrative powers of Chairpersonp. 16
  15. 14. Salary and allowances and other terms and conditions of service of Chairperson and otherp. 16
  16. 15. Vacancy, etc. , not to invalidate proceedings of Commissionp. 16
  17. 16. Appointment of Director General, etcp. 16
  18. 17. Appointment of Secretary, experts, professionals and officers and other employees ofp. 17
  19. 18. Duties and functions of Commissionp. 17
  20. 19. Inquiry into certain agreements and dominant position of enterprisep. 17
  21. 20. Inquiry into combination by Commissionp. 19
  22. 21. Reference by statutory authorityp. 20
  23. 21A. Reference by Commissionp. 20
  24. 22. Meetings of Commissionp. 20
  25. 23. Distribution of business of Commission amongst Benches .] Omitted by the Competitionp. 21
  26. 24. Procedure for deciding a case where Members of a Bench differ .] Omitted by s. 18 , ibidp. 21
  27. 25. Jurisdiction of Bench.] Omitted by s. 18, ibid. (w.e.f. 12-10-2007)p. 21
  28. 26. Procedure for inquiry under section 19p. 21
  29. 27. Orders by Commission after inquiry into agreements or abuse of dominant positionp. 22
  30. 28. Division of enterprise enjoying dominant positionp. 23
  31. 29. Procedure for investigation of combination sp. 23
  32. 29A. Issue of statement of objections by Commission and proposal of modificationsp. 24
  33. 30. Procedure in case of notice under sub -section ( 2) of section 6p. 24
  34. 31. Orders of Commission on 7*** combinationsp. 24
  35. 32. Acts taking place outside India but having an effect on competition in Indiap. 25
  36. 33. Power to issue interim ordersp. 26
  37. 34. Power to award compensation .] Omitted by the Competition (Amendment) Act, 2007 (39 ofp. 26
  38. 35. Appearance before Commissionp. 26
  39. 36. Power of Commission to regulate its own procedurep. 26
  40. 37. Review of orders of Commiss ion.] Omitted by the Competition (Amendment) Act, 2007 (39 ofp. 27
  41. 38. Rectification of ordersp. 27
  42. 39. Execution of orders of Commission imposing monetary penaltyp. 27
  43. 40. Appealp. 28
  44. 41. Director General to investigate contravention sp. 28
  45. 42. Contravention of orders of Commissionp. 29
  46. 42A. Compensation in case of contra vention of orders of Commissionp. 30
  47. 43. Penalty for failure to comply with directions of Commission and Director Generalp. 30
  48. 43A. Power to impose penalty for non -furnishing of information on combinationp. 30
  49. 44. Penalty for making false statement or omission to furnish material informationp. 30
  50. 45. Penalty for 7[contraventions] in relation to furnishing of informationp. 30
  51. 46. Power to impose lesser penaltyp. 31
  52. 47. Crediting sums realised by way of penalties to Consolidated Fund of Indiap. 31
  53. 48. Contravention by companiesp. 32
  54. 48A. Settlementp. 32
  55. 48B. Commitmentp. 33
  56. 48C. Revocation of the settlement or commitment order and penaltyp. 33
  57. 49. Competition advocacyp. 33
  58. 50. Grants by Central Governmentp. 34
  59. 51. Constitution of Fundp. 34
  60. 52. Accounts and auditp. 34
  61. 53. Furnishing of returns, etc., to Central Governmentp. 35
  62. 53A. Appellate Tribunalp. 35
  63. 53B. Appeal to Appellate Tribunalp. 35
  64. 53C. Composition of Appellate Tribunal .] Omitted by the Finance Act, 2017 (7 of 2017), s. 171p. 36
  65. 53D. Qualifications for appointment of Chairperson and Members of Appellate Tribunal .] Omittedp. 36
  66. 53E. Selection Committee.] Omitted by s. 171, ibid. (w.e.f. 26-5-2017)p. 36
  67. 53F. Term of office of Chairperson and Members of Appellate Tribunal .] Omitted by s. 171, ibidp. 36
  68. 53H. Vacancies.] Omitted by s. 171, ibid. (w.e.f. 26-5-2017)p. 36
  69. 53J. Member of Appellate Tribunal to act as its Chairperson in certain cases .] Omitted by s. 171,p. 36
  70. 53K. Removal and suspension of Chairperson and Members of Appellate Tribunal .] Omitted by sp. 36
  71. 53M. Staff of Appellate Tribunal.] Omitted by s. 171, ibid. (w.e.f. 26-5-2017)p. 36
  72. 53N. Awarding compensationp. 36
  73. 53P. Execution of orders of Appellate Tribunalp. 37
  74. 53Q. Contravention of orders of Appellate Tribunalp. 38
  75. 53R. Vacancy in Appellate Tribunal not to invalidate acts or proceedings .] Omitted by the Financep. 38
  76. 53T. Appeal to Supreme Courtp. 38
  77. 53U. Power to Punish for contemptp. 38
  78. 54. Power to exemptp. 38
  79. 55. Power of Central Go vernment to issue directionsp. 39
  80. 56. Power of Central Government to supersede Commissionp. 39
  81. 57. Restriction on disclosure of informationp. 40
  82. 58. Chairperson, Members, Director General, Secretary, officers and other employees, etc., top. 40
  83. 59. Protection of action taken in good faithp. 40
  84. 59A. Compounding of certain offencesp. 40
  85. 60. Act to have overriding effectp. 40
  86. 61. Exclusion of jurisdiction of civil courtsp. 40
  87. 62. Application of other laws not barredp. 40
  88. 63. Power to make rulesp. 40
  89. 64. Power to make regulationsp. 42
  90. 64A. Process of issuing regulationsp. 43
  91. 64B. Commission to issue guidelinesp. 43
  92. 65. Power to remove difficultiesp. 43
  93. 66. Repeal and savingp. 44