Jaitley inaugurates new CCI office

Source: The Hitavada      Date: 31 Aug 2018 08:35:44



UNION Finance and Corporate Affairs Minister Arun Jaitley on Thursday inaugurated the new office complex of the Competition Commission of India (CCI).

The Commission was established on October 14, 2003 and became fully functional in May 2009. The CCI, a statutory body of the Government, is responsible for enforcing the Competition Act, 2002 throughout the country. The body aims to eliminate practices having adverse effect on competition, promote and sustain competition, protect the interests of consumers and ensure freedom of trade in the markets of India.

The CCI also gives opinion on competition issues on a reference received from a statutory authority established under any law and to undertake competition advocacy, create public awareness and impart training on competition issues.