Advantages of disadvntages of competion act 2002
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The Competition Act, 2002 was enacted by the Parliament of India and governs Indian competition law. It replaced the archaic The Monopolies and Restrictive Trade Practices Act, 1969. Under this legislation, the Competition Commission of India was established to prevent the activities that have an adverse effect on competition in India.[1][2] This act extends to whole of India except the State of Jammu and Kashmir.
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