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Competition Commission of India: Upholding Fair Competition in the Market
In an era of globalization and liberalization, ensuring fair competition is crucial for the growth and development of any economy. The Competition Commission of India (CCI) is the statutory body responsible for enforcing competition laws and promoting fair market practices in India. Established in 2003, the CCI acts as a watchdog to prevent anti-competitive agreements, abuse of dominant market positions, and regulate mergers and acquisitions. This article provides an overview of the CCI, its role, and the current Chairperson, Sangeeta Verma, who is currently serving in an acting capacity.
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