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Showing posts from January 25, 2017

Concept of Competition Advocacy and Role of CCI in India: A Practical Approach

Competition Advocacy is one of the main pillars of modern competition law which aims at creating, expanding and strengthening awareness of competition in the market. Section 49 of the Competition Act, 2002 mandates the CCI to undertake advocacy for promoting competition. “ Competition advocacy” means those activities which are conducted to promote a competitive environment for economicactivities.The main beneficiaries of competition policy and law are the consumers, whose welfare is its declared objective of competition Act. Advocacy is the act of influencing or supporting a particular idea or policy. Effective implementation of any policy and law largely depends upon the willingness of the people to accept the law. In that sense advocacy always plays a vital role in securing the willingness and acceptability of any policy and law. Raising the level of awareness among the public is an important step towards creating a competition culture within the country. According to the Raghav