Question 2DiscussGS2GS2
The Competition Commission of India (CCI) effectively reflects a shift from the era of Licence Raj to a conducive regulatory ambience for enhancing consumer welfare by encouraging competition in the market. Discuss.
Main Body
CCI is a statutory body created by an Act of Parliament to maintain competitive environment & conduct regulatory ambience & consumer welfare.
1Prohibit anti-competitive trade & business practices.
2Ensures legal & merger acquisitions encouraging hostile acquisition.
3Earlier rules of registration sector of operation, focus & quality of production and
areas of operation an effectively eliminate barring few exceptions.
4Prevent formation of monopolies in market - lowers prices for consumers.
CCI has emerged conducive to liberalised economy post-1991.
81 words5 paragraphs
Examiner score
0.5/10Open original scan
Page 2
Topper
Aayushi Bansal
AIR 72022
Subject & Paper
GS2GS2
Topic
Statutory, Regulatory and Quasi-judicial Bodies
Regulatory Bodies
Competition Commission of India
Writing Stats
81
Total words
5
Paragraphs
formal
Tone