Section 18 of CA, 2002 : Section 18: Duties And Functions Of Commission
CA, 2002
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Explanation using Example
Imagine a scenario where a large e-commerce company starts selling products below cost price, making it difficult for smaller retailers to compete. Concerned about the potential monopolistic practices, a group of small retailers files a complaint with the Competition Commission of India (CCI). Under Section 18 of The Competition Act, 2002, it is the duty of the CCI to investigate such practices that may have an adverse effect on competition. The CCI would analyze the market impact of the e-commerce company's pricing strategy and determine if it constitutes an unfair competition practice. If found to be the case, the CCI would take appropriate actions to restore fair competition and protect the interests of consumers and small retailers, ensuring they can trade freely without being driven out by predatory pricing.