{"id":9520,"date":"2025-12-21T13:14:19","date_gmt":"2025-12-21T07:44:19","guid":{"rendered":"https:\/\/vajiramandravi.com\/current-affairs\/?p=9520"},"modified":"2025-12-22T15:14:41","modified_gmt":"2025-12-22T09:44:41","slug":"competition-commission-of-india","status":"publish","type":"post","link":"https:\/\/vajiramandravi.com\/current-affairs\/competition-commission-of-india\/","title":{"rendered":"Competition Commission of India"},"content":{"rendered":"<h2><b>Competition Commission of India Latest News<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Recently, the Competition Commission of India has taken cognizance of information filed against IndiGo in the context of the recent flight disruptions witnessed in the aviation sector.<\/span><\/p>\n<h2><b>About Competition Commission of India<\/b><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It is a <\/span><b>statutory body<\/b><span style=\"font-weight: 400;\"> which was established in March 2009 under the <\/span><b>Competition Act, 2002.<\/b><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The priority of the Commission is to <\/span><b>eliminate practices having adverse effects<\/b><span style=\"font-weight: 400;\"> on <\/span><b>competition,<\/b><span style=\"font-weight: 400;\"> promote and sustain competition, protect the interests of consumers, and ensure freedom of trade in the markets of India.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Nodal Ministry:<\/b><span style=\"font-weight: 400;\"> Ministry of Corporate Affairs<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Headquarters:<\/b><span style=\"font-weight: 400;\"> New Delhi<\/span><\/li>\n<\/ul>\n<h2><b>Composition of Competition Commission of India<\/b><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It has the composition of <\/span><b>a quasi-judicial body,<\/b><span style=\"font-weight: 400;\"> with one chairperson and six additional members.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">All members of the CCI are <\/span><b>appointed by the Central Government.<\/b><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Eligibility of Members:<\/b><span style=\"font-weight: 400;\"> Appointments to <\/span><b>the CCI require a minimum of 15 years<\/b><span style=\"font-weight: 400;\"> of <\/span><b>professional experience<\/b><span style=\"font-weight: 400;\"> in areas like international trade, finance, or law, with members serving a five-year term.<\/span><\/li>\n<\/ul>\n<h2><b>Functions of Competition Commission of India<\/b><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Promoting Fair Competition and Consumer Protection:<\/b><span style=\"font-weight: 400;\"> The CCI <\/span><b>prevents anti-competitive practices<\/b><span style=\"font-weight: 400;\"> like price-fixing and collusion, ensuring competitive pricing and quality to protect consumer interests.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Maintaining Market Freedom: <\/b><span style=\"font-weight: 400;\">It <\/span><b>restricts unfair practices<\/b><span style=\"font-weight: 400;\"> by dominant players, safeguarding a level playing field and reviewing mergers and acquisitions to prevent monopolistic control.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Investigation and Penalties:<\/b><span style=\"font-weight: 400;\"> The CCI <\/span><b>conducts inquiries into violations<\/b><span style=\"font-weight: 400;\">, imposes penalties on offenders, and promotes awareness of competition law through training programs.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Advisory and Collaborative Role:<\/b><span style=\"font-weight: 400;\"> The CCI provides <\/span><b>advisory opinions<\/b><span style=\"font-weight: 400;\"> on competition matters to government bodies and collaborates with other regulators to ensure consistency with competition laws.<\/span><\/li>\n<\/ul>\n<p><b>Source: <\/b><strong><a href=\"https:\/\/www.newsonair.gov.in\/cci-takes-cognisance-of-complaint-against-indigo-over-recent-flight-disruptions\/\" target=\"_blank\" rel=\"nofollow noopener\">News On Air<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Competition Commission of India is a statutory body established under the Competition Act, 2002 to promote &#038; ensure fair competition in the Indian market. Read more about Competition Commission of India, Composition, Functions, News<\/p>\n","protected":false},"author":5,"featured_media":9521,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[4341,21,22,23],"class_list":{"0":"post-9520","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-upsc-prelims-current-affairs","8":"tag-competition-commission-of-india","9":"tag-prelims-pointers","10":"tag-upsc-current-affairs","11":"tag-upsc-prelims-current-affairs","12":"no-featured-image-padding"},"acf":[],"_links":{"self":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/9520","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/comments?post=9520"}],"version-history":[{"count":0,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/9520\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media\/9521"}],"wp:attachment":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media?parent=9520"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/categories?post=9520"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/tags?post=9520"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}