(a) the objectives for establishing Competition Commission of India (CCI);
(b) the performance of CCI till date since it become operational on 1st March, 2009;
(c) the details of the work done and decisions taken by the CCI to address the issues
currently in hand viz, Sugar Prices, hike in Cement Prices, hike in Steel Prices etc.; and
(d) the other steps being taken by the CCI to protect the interest of the consumers?
THE MINISTER OF STATE IN THE MINISTRY OF CORPORATE AFFAIRS (SHRI R.P.N. SINGH)
(a) Competition Commission of India has been established with the objective to eliminate
practice having adverse effect on competition, promote and sustain competition, protect the
interest of consumers and ensure freedom of trade carried on by other participants in markets
in India and for matters connected therewith or incidental thereto.
(b) Till 28.11.2011, the Commission has received 166 cases under section 3 and 4 of the
Competition Act, out of which 88 cases have since been closed/disposed off. Besides, the
Commission has also received 50 cases on transfer from the erstwhile MRTP Commission, out
of which 41 cases have been closed/disposed off. In addition, out of 12 cases received
under section 5 and 6 of the Act, the Commission has disposed off 9 cases.
(c)&(d) The Commission has been investigating information relating to matters connected
to protect the interest of consumers viz., hike in Sugar Prices, hike in Cement Prices,
hike in Steel Prices, hike in air fare, hike in onion prices, etc. The proceedings before
the Competition Commission which is an autonomous statutory body under the Act, are of a
quasi judicial nature.