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24th November 2021 (5 Topics)

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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