TypeBare Act JurisdictionCentral Government Enacted2002

Competition Act, 2002

Complete Act - all sections

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https://sooperkanoon.com/act/133319

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Competition Act, 2002 (2002) is Central state legislation published on SooperKanoon in full. Use this page to read the bare act and jump to judgments that cite it.

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Act Text

Chapter1 - PRELIMINARY

Section1 - Short title, extent and commencement

Section2 - Definitions.—In this Act, unless the context otherwise requires,—

Section3 - Ins. by Act 9 of 2023, s. 3

Section4 - Subs. by s. 3, ibid., for clause

Chapter2 - PROHIBITION OF CERTAIN AGREEMENTS, ABUSE OF DOMINANT POSITION AND REGULATION OF

Section5 - Subs. by s. 4, ibid., for clauses

Section6 - Ins. by s. 4, ibid

Section7 - Subs. by s. 4, ibid., for “includes any agreement to sell goods on condition”

Section10 - Term of office of Chairperson and other Members.—

Section9 - (3) The Chairperson and every other Member shall, before entering upon his office, make and subscribe to an oath of

Section11 - Resignation, removal and suspension of Chairperson and other Members.—

Section35 - (2) Notwithstanding anything contained in section 35, the Chairperson or any other Member after retirement or otherwise

Section14 - Salary and allowances and other terms and conditions of service of Chairperson and other Members.—

Section15 - Vacancy, etc., not to invalidate proceedings of Commission.—No act or proceeding of the Commission shall be invalid

Section16 - Appointment of Director General, etc.—2[

Section19 - Inquiry into certain agreements and dominant position of enterprise.—

Section20 - Inquiry into combination by Commission.—

Section21 - Reference by statutory authority.—

Section27 - Orders by Commission after inquiry into agreements or abuse of dominant position.— Where after inquiry the Commission

Section28 - Division of enterprise enjoying dominant position.—

Section29 - Procedure for investigation of combinations.—

Section31 - Orders of Commission on 7*** combinations.—

Section8 - The words “including the combination” omitted by s. 23, ibid.,

Section32 - Acts taking place outside India but having an effect on competition in India.—The Commission shall, notwithstanding

Section38 - Rectification of orders.—

Section41 - Director General to investigate contraventions.—

Section44 - Penalty for making false statement or omission to furnish material information.—If any person, being a party to a

Section45 - Penalty for 7[contraventions] in relation to furnishing of information.—8[

Section47 - Crediting sums realised by way of penalties to Consolidated Fund of India.—All sums realised by way of penalties 3[and

Section48A - Settlement.—

Section26 - (6) The procedure for conducting the settlement proceedings under this section shall be such as may be specified by

Section48B - Commitment.—

Chapter7 - COMPETITION ADVOCACY

Section49 - Competition advocacy.—1[

Section50 - Grants by Central Government.—The Central Government may, after due appropriation made by Parliament by law in this

Section51 - Constitution of Fund.—

Section52 - Accounts and audit.—

Section53 - Furnishing of returns, etc., to Central Government.—

Section53B - Appeal to Appellate Tribunal.—

Section53N - Awarding compensation.—

Section53P - Execution of orders of Appellate Tribunal.—

Section53Q - Contravention of orders of Appellate Tribunal.—2[

Section53T - Appeal to Supreme Court.—The Central Government or any State Government or the Commission or any statutory authority or

Section53U - Power to Punish for contempt.—The Appellate Tribunal shall have, and exercise, the same jurisdiction, powers and

Chapter9 - MISCELLANEOUS

Section54 - Power to exempt.—The Central Government may, by notification, exempt from the application of this Act, or any provision

Section55 - Power of Central Government to issue directions.—

Section56 - Power of Central Government to supersede Commission.—

Section57 - Restriction on disclosure of information.—No information relating to any enterprise, being an information which has

Section59 - Protection of action taken in good faith.—No suit, prosecution or other legal proceedings shall lie against the Central

Section60 - Act to have overriding effect.—The provisions of this Act shall have effect notwithstanding anything inconsistent

Section61 - Exclusion of jurisdiction of civil courts.—No civil court shall have jurisdiction to entertain any suit or proceeding

Section62 - Application of other laws not barred.—The provisions of this Act shall be in addition to, and not in derogation of, the

Section63 - Power to make rules.—

Section64 - Power to make regulations.—

Section64B - Commission to issue guidelines.—

Section65 - Power to remove difficulties.—

Section66 - Repeal and saving.—1[

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Competition Act, 2002

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