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