What is outside the purview of the Competition Act 2002?
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The purpose of the Competition Act, 2002 is to prevent activities and practices that chill competition. In the alternative, the Competition Act, 2002 seeks to protect competition by prohibiting practices or activities that may adversely affect competition in the market place.
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It is n act to provide, keeping in view of the economic development of the country, for the establishment of a commission to prevent practices having adverse effect on competition, to promote and sustain competition in markets, to protect the interests of consumers and to ensure freedom of trade carried on by other.
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