COMPETITION COMMISSION OF INDIA

COMPETITION COMMISSION OF INDIA

NEWS: The Competition Commission of India (CCI) has ordered a detailed investigation
into online travel booking companies Make My Trip and Goibibo and hospitality provider
OYO based on complaints by members of the Federation of Hotel and Restaurant
Associations of India (FHRAI) alleging deep-discounting, payment issues and cheating by
these firms.

About Competition Commission of India:

It is a statutory body of the Government of India, responsible for enforcing the Competition
Act, 2002 throughout India and to prevent activities that have an adverse effect on
competition.

Objectives of the Commission:

 To prevent practices having adverse effect on competition.
 To promote and sustain competition in markets.
 To protect the interests of consumers.
 To ensure freedom of trade.

Functions of the commission:

 It is the duty of the Commission to eliminate practices having adverse effect on
competition, promote and sustain competition, protect the interests of consumers
and ensure freedom of trade in the markets of India.
 The Commission is also required to give opinion on competition issues on a
reference received from a statutory authority established under any law and to
undertake competition advocacy, create public awareness and impart training on
competition issues.

The Competition Act:

The Competition Act, 2002, as amended by the Competition (Amendment) Act, 2007,
prohibits anti-competitive agreements, abuse of dominant position by enterprises and
regulates combinations (acquisition, acquiring of control and M&A), which causes or likely
to cause an appreciable adverse effect on competition within India.