#26: Competition Commission of India

Syllabus mapping: GS2 -> Various Statutory Bodies

Competition Commission of India (CCI) has fined Google for 1337 crores and MakeMyTrip & OYO for 392 crores.

Why the fine?

Google: For abusing dominant positions in multiple markets
MMT/OYO: Anti competitive conduct in hotel room listings

About CCI

- Statutory body u/ Ministry of Corporate Affairs
- Formed u/ Competition Act 2002
- 1 chair, 6 members (All full time; appointed by GoI)
- Quasi-judicial body

Eligibility Criteria for members

Chair and members shall be of ability, integrity and standing who is
- qualified to be HC judge -OR-
- having special knowledge, 15+ yrs of experience in relevant field(s)

Functions/Role

- End monopolistic practices for market freedom
- Watchdog to offer level playing field to small businesses
- Maintain consumer market fairness
- Communicate/Cooperate w/ other eco regulatory bodies
- Undertake competition advocacy via public awareness campaigns

Challenges

- Digitization requires amendment in the act (20 yrs old act)
- Need new market definition with advent of digital economy
- War, pandemic and economic factors threatening cartelization

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