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.

The act run into 66 Sections, Divided into NINE Chapters.

NINE CHAPTERS OF COMPETITION

1. Preliminary 2. Prohibition of certain agreements, abuse of dominant position and regulation of combination 3. Competition commission of INDIA 4. Duties, powers and functions of commission

5. Duties of director general 6. Penalties 7. Competition advocacy 8. Finance, accounts and audit 9. Miscellaneous