Q. With reference to the Competition Commission of India (CCI), which of the following statement(s) is/are correct?
1.The Commission is a quasi-judicial body.
2.It is responsible for promoting competition in the Indian market and preventing anti-competitive practices.
3.Offering discounts and promotional offers to attract customers is an anti-competitive practice prohibited by the CCI.
Select the correct statements using the codes given below:
Answer: B
Notes:
Explanation –
Statements 1 and 2 are correct. The CCI has powers similar to a court of law, including the ability to summon witnesses, collect evidence, and issue orders. It is primarily responsible for promoting and sustaining competition, protecting the interests of consumers, and ensuring freedom of trade in the Indian market.
Statement 3 is incorrect. The CCI does not consider offering discounts and promotional offers to attract customers as an anti-competitive practice. Instead, it focuses on regulating anti-competitive agreements and abuse of dominant position by enterprises.
Source: Forum IAS
