The Competition Act, 2002
Central Act · Act 12 of 200378 provisions62 citing judgments
The enactment
| Long title | An Act to provide, keeping in view of the economic development of the country, for the establishment of a Commission to prevent practices having adverse effect on competition, to promote and sustain competition in markets, to protect the interests of consumers and to ensure freedom of trade carried on by other participants in markets, in India, and for matters connected therewith or incidental thereto. |
|---|---|
| Type | Act |
| Citation | Act 12 of 2003 |
| Year | 2003 |
| Jurisdiction | Central |
| Ministry | Ministry of Corporate Affairs |
| Status | In force as published by the source |
| Provisions published | 78 |
| Subjects | corporate |
Full text, provision by provision
Every provision below opens in full, free and without an account.
- Section 1 Short title, extent and commencement.
- Section 2 Definitions.1 citing judgment
- Section 3 Anti-competitive agreements.10 citing judgments
- Section 4 Abuse of dominant position.2 citing judgments
- Section 5 Combination.5 citing judgments
- Section 6 Regulation of combinations.1 citing judgment
- Section 6A Open offers, etc.
- Section 7 Establishment of Commission.
- Section 8 Composition of Commission.
- Section 9 Selection Committee for Chairperson and Members of Commission.
- Section 10 Term of office of Chairperson and other Members.
- Section 11 Resignation, removal and suspension of Chairperson and other members.
- Section 12 Restriction on employment of Chairperson and other Members.1 citing judgment
- Section 13 Administrative powers of Chairperson.1 citing judgment
- Section 14 Salary and allowances and other terms and conditions of service of Chairperson and other Members.
- Section 15 Vacancy, etc., not to invalidate proceedings of Commission.
- Section 16 Appointment of Director-General, etc.
- Section 17 Appointment of Secretary, experts, professionals and officers and other employees of Commission.
- Section 18 Duties and functions of Commission.1 citing judgment
- Section 19 Inquiry into certain agreements and dominant position of enterprise.5 citing judgments
- Section 20 Inquiry into combination by commission.
- Section 21 Reference by statutory authority.1 citing judgment
- Section 21A Reference by Commission.1 citing judgment
- Section 22 Meetings of Commission.
- Section 26 Procedure for inquiry under section 19.6 citing judgments
- Section 27 Orders by Commission after inquiry into agreements or abuse of dominant position.2 citing judgments
- Section 28 Division of enterprise enjoying dominant position.
- Section 29 Procedure for investigation of combinations.2 citing judgments
- Section 29A Issue of statement of objections by Commission and proposal of modifications.
- Section 30 Inquiry into disclosures under sub-section (2) of section 6.3 citing judgments
- Section 31 Orders of Commission on certain combinations.3 citing judgments
- Section 32 Acts taking place outside India but having an effect on competition in India
- Section 33 Power to issue interim orders.
- Section 35 Appearance before Commission
- Section 36 Power of Commission to regulate its own procedure.1 citing judgment
- Section 38 Rectification of orders
- Section 39 Execution of orders of Commission imposing monetary penalty.
- Section 41 Director General to investigate contravention2 citing judgments
- Section 42 Contravention of orders of Commission.1 citing judgment
- Section 42A Compensation in case of contravention of orders of Commission
- Section 43 Penalty for failure to comply with directions of Commission and Director General.1 citing judgment
- Section 43A Power to impose penalty for non-furnishing of information on combinations.1 citing judgment
- Section 44 Penalty for making false statement or omission to furnish material information.
- Section 45 Penalty for contraventions in relation to furnishing of information.
- Section 46 Power to impose lesser penalty
- Section 47 Crediting sums realised by way of penalties to Consolidated Fund of India.
- Section 48 Contravention by companies.1 citing judgment
- Section 48A Settlement.
- Section 48C Revocation of the Settlement or Commitment order and penalty.
- Section 49 Competition advocacy.
- Section 50 Grants by Central Government.
- Section 51 Constitution of Fund.
- Section 52 Accounts and audit.
- Section 53 Furnishing of returns, etc., to Central Government.
- Section 53A Appellate Tribunal.
- Section 53B Appeal to Appellate Tribunal.1 citing judgment
- Section 53N Awarding compensation
- Section 53O Procedures and powers of Appellate Tribunal.
- Section 53P Execution of orders of Appellate Tribunal.
- Section 53Q Contravention of orders of Appellate Tribunal.
- Section 53S Right to legal representation.1 citing judgment
- Section 53T Appeal to Supreme Court6 citing judgments
- Section 53U Power to Punish for contempt.
- Section 54 Power to exempt.
- Section 55 Power of Central Government to issue directions.
- Section 56 Power of Central Government to supersede Commission.1 citing judgment
- Section 57 Restriction on disclosure of information
- Section 58 Chairperson, Members, Director General, Secretary, officers and other employees, etc., to be public servants
- Section 59 Protection of action taken in good faith.
- Section 59A Compounding of certain offences.
- Section 60 Act to have overriding effect
- Section 61 Exclusion of jurisdiction of civil courts.
- Section 63 Power to make rules
- Section 64 Power to make regulations.
- Section 64A Process of issuing regulations.
- Section 64B Commission to issue guidelines.
- Section 65 Power to remove difficulties.
- Section 66 Repeal and saving1 citing judgment
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