Competition Commission of India
Competition regulator in India / From Wikipedia, the free encyclopedia
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The Competition Commission of India (CCI) is the chief national competition regulator in India. It is a statutory body within the Ministry of Corporate Affairs and is responsible for enforcing the Competition Act, 2002 to promote competition and prevent activities that have an appreciable adverse effect on competition in India. The CCI looks into cases and investigates them if the same has a negative impact on competition.
Commission overview | |
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Formed | 14 October 2003 (20 years ago) (2003-10-14) |
Preceding Commission |
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Jurisdiction | Republic of India |
Headquarters | Competition Commission of India 9th Floor, Office Block - 1, Kidwai Nagar (East), New Delhi 110023, India. |
Annual budget | 756.19 Crore (for Financial Year 2023–24) |
Commission executives |
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Website | www |
CCI also approves combination under the act so that two merging entities do not overtake the market.
The commission was established on 14 October 2003. It became fully functional in May 2009 with Dhanendra Kumar as its first chairman.[1][2] The current Chairperson of the CCI is Ravneet Kaur, who was appointed to the role in 2023.