Competition Act, 2002
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Policy framework or directive — a strategic document setting direction, principles, and objectives for governance. Guides the design of schemes, legislation, and implementation strategies.
Summary
Established the Competition Commission of India (CCI) to prevent anti-competitive practices, regulate mergers and acquisitions, and promote competition in Indian markets. Replaced the MRTP Act.
Key Facts
TypeAct
SourceHistorical Record (Curated)
PublishedMonday, 13 January 2003
Affected Population1.4 billion citizens, 63 million MSMEs
Key Numbers
GDP: $3.9 trillion (2025 est.)
Fiscal deficit target: 4.4% of GDP
GST collection: Rs 1.87 lakh crore/month avg
Merchandise exports: $437 billion (2024-25)
Key Authorities
Key Stakeholders
Government Context
NDA IIIBJP-led NDA
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