0
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.
What else can I help you with?
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
What are the salient features of Indian forest act?
The Indian Forest Act of 1927 primarily governs the management and protection of forests in India. Its salient features include the classification of forests into reserved, protected, and village forests, which delineates the rights and restrictions for local communities. Additionally, the Act empowers the government to regulate the transit of forest produce and to impose penalties for violations, promoting sustainable forest management. It also emphasizes the conservation of forests and biodiversity while recognizing the rights of forest-dwelling communities.
What are the salient features of RA 9155?
Republic Act No. 9155, also known as the Governance of Basic Education Act of 2001, establishes a framework for the governance of basic education in the Philippines. Its salient features include the decentralization of authority to local schools, the establishment of a school-based management system, and the emphasis on community involvement in education. The law also aims to enhance the accountability of school heads and promote the efficient delivery of quality education services, while ensuring that educational policies align with national standards.
What are salient features of FEMA and MRTP?
The Foreign Exchange Management Act (FEMA) focuses on facilitating external trade and payments while promoting the orderly development and maintenance of the foreign exchange market in India. Key features include the regulation of foreign exchange transactions and the establishment of the Reserve Bank of India (RBI) as the central authority. The Monopolies and Restrictive Trade Practices Act (MRTP) aimed to prevent monopolistic practices and promote competition in the market. It included provisions for regulating mergers and acquisitions, ensuring consumer protection, and promoting fair trade practices.
What are the Salient features of Batas Pambansa 232?
Batas Pambansa 232, also known as the Education Act of 1982, establishes the framework for the Philippine educational system. Its salient features include the promotion of free and compulsory education at the elementary level, the establishment of a system for non-formal education, and provisions for the support and regulation of private educational institutions. The law also emphasizes the importance of quality education and the development of a curriculum that reflects the country's cultural heritage and values. Furthermore, it aims to enhance the accessibility and affordability of education for all citizens.
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?
