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1) competition commission of India to be established.
2) repeal of MRTP act and dissolution of MRTPC.
3) pre-merger notification made optional.
4) prohibition of abuse of dominant position.
5) pending cases of MRTPC to be transferred to CCI
6) competition fund to be created.
7) pending unfair trade practices to be covered under consumer production act, 1986.
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The salient features of Indian stamp act 1899?
stamp act
What Act was replaced with the introduction of Competition Act 2002?
Monopolies And Restrictive Trade Practices, 1969(MRTP Act)
What is an abridged prospectus?
Abridged Prospectus means the memorandum as prescribed in Form 2A under sub-section (3) of section 56 of the Companies Act, 1956. It contains all the salient features of a prospectus. It accompanies the application form of public issues.
Blue print of bbm 4th sem cost accounting?
Competition Act,2002 2questions
Difference between mrtp act and competition act?
The Diffence between the MRTP Act 1969 and The Competition Act 2002 is as follows -The MRTP Act was enacted in the Pre Liberalisation era whereas the Competition Act is enacted in the Post Liberalisation era;The Object of the old Act was to prevent the economic concentration in one Common detriment, curbing unfair trade practices, ane to check monopolistic activities, on the other hand the object of the new Act is to promote and Sustaining Competition in the market and to to ensure the freedom of trade and to protect the interest of the consumer in whole;The MRTP Commission has the advisory role only whereas the later has some effective role including that of initiating suo moto actions and impose punishments to the entities having some adverse effect in the market.
What word means the act of competing?
competition.
What has the author Robert S Nozick written?
Robert S. Nozick has written: 'The 1999 annotated Competition Act' -- subject(s): Antitrust law, Restraint of trade, Unfair Competition 'The 2004 annotated Competition Act' -- subject(s): Antitrust law, Restraint of trade 'The 2000 Annotated Competition Act'
What is an act of gathering proprietary or sensitive data for the purpose of aiding the competition?
categorized as the act of gathering proprietary or sensitive data for the purpose of aiding the competition?
What are the features of consumer protection act?
Salient Features of Consumer Protection Act are as follows: 1. The Act acknowledges six rights of the consumers: v Right of Choice v Right to safety v Right to be Informed v Right to be Heard v Right to Redress, and v Right to Consumer Education 2. The Act Provides for the establishment of: v Central Consumer Protection Council at Central Levels v The State Consumer Protection Council at State Levels, and v Consumer Disputes Redressal Agencies. 3. The Act is applicable to all private, public or co-operative business sectors.
What is the purpose of competition?
To act as a regulating force in the marketplace
How can competition act as a barrier to disperal?
Because of your mom
Who prevented competition with West Indies?
Molasses Act
