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Issues related to Competition Commision of India
What is the role played by the Competition Commission of India in managing the Indian economy? (150 Words)
Approach:
- Introduce by briefly explaining the importance of competition in a market economy. Enumerate the benefits of healthy competition.
- Discuss the mandate and role of CCI
- Elaborate on how CCI acts as a watchdog against monopoly practices in industry
- Discuss the challenges faced by the CCI
- Way forward and Conclusion
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