With reference to the Competition Commission of India (CCI), consider the following statements: 1. CCI is empowered to promote competition advocacy and awareness. 2. It can emphasize sustainability policies and encourage enterprises collaboration for green innovations. Which of the statement(s) given above is/are correct? |ForumIAS

Q. With reference to the Competition Commission of India (CCI), consider the following statements:
1.CCI is empowered to promote competition advocacy and awareness.
2.It can emphasize sustainability policies and encourage enterprises collaboration for green innovations.
Which of the statement(s) given above is/are correct?

[A] 1 only

[B] 2 only

[C] Both 1 and 2

[D] Neither 1 nor 2

Answer: C

Notes:

Explanation –

Statements 1 and 2 are correct. Under Section 49(3) of the Competition Act, 2002, the Competition Commission of India (CCI) is empowered to take measures to promote competition advocacy and awareness. The CCI can emphasize sustainability policies and encourage enterprises to collaborate for green innovations. It can release guidance notes on sustainability agreements and exemption methods under the Competition Act, 2002, to support these initiatives.

Source: The Hindu

Post-Mains Strategy Session by Mr. Ayush Sinha | ForumIAS