Section 49 of CA, 2002 : Section 49: Competition Advocacy

CA, 2002

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Explanation using Example

Imagine the Central Government is considering a new policy that aims to regulate the pricing of essential drugs to make them more affordable. Before finalizing the policy, the government wants to ensure that the policy will not adversely affect market competition. They make a reference to the Competition Commission of India (CCI) asking for an opinion on the potential impact of this policy on competition within the pharmaceutical industry.

The CCI analyzes the proposed policy and observes that while it intends to make drugs...

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