Gaurav Soni
September 30, 2023 03:44
3594
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Q7. Discuss the role of the Competition Commission of India in containing the abuse of dominant position by the Multi-National Corporations in India. Refer to the recent decisions.
| How to approach the question
Introduction ● Write about the Competition Commission of India briefly Body ● Write about the role of the CCI in containing the abuse of dominant position by the Multi-National Corporations in India ● Write the recent decisions illustrating CCI’s role Conclusion ● Give appropriate conclusion in this regard |
Introduction
The Competition Commission of India (CCI) was established as a statutory body to enforce the Competition Act of 2002, ensuring fair competition in the market by preventing practices that have an adverse effect on competition in India. Its role becomes vital in mitigating and regulating the abuse of dominant positions by Multi-National Corporations operating in India.
Body
Role of CCI in Containing the Abuse of Dominant Position with Relevant Examples
Recent Decisions Illustrating CCI’s Role
Conclusion
The Competition Commission of India has played a pivotal role in fostering a competitive market environment in India by diligently working to curb abuses of dominant positions by Multi-National Corporations. The continuous vigilance of the CCI is crucial in the dynamically evolving market landscape to foster sustainable economic development in India.
| For a Detailed explanation of the UPSC GS-01 Mains question 2023, click here.
For a Detailed explanation of the UPSC GS-02 Mains question 2023, click here. For a Detailed explanation of the UPSC GS-03 Mains question 2023, click here. For a Detailed explanation of the UPSC GS-04 Mains question 2023, click here. |
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