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COMPETITION ACT, 2007 (Act No. 8 of 2007) Act Subsidiary Legislation ACT Date of commencement: 1st April 2008.ARRANGEMENT OF SECTIONS1. 2. 3. 4. 5.PART I PRELIMINARY Short title and commencement.
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Read and understand the provisions of the Competition Act 2002.
02
Identify if your business falls under the purview of the Act.
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Ensure compliance with the regulations outlined in the Act.
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Submit required documents and information as per the Act.
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Seek legal advice if needed while filling out the required details.

Who needs competition act 2002?

01
Businesses operating in India need to comply with the Competition Act 2002.
02
Government agencies responsible for enforcing competition regulations also need to be aware of and use the Act.
03
Consumers can benefit from the Act as it promotes fair competition and protects against anti-competitive practices.
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The Competition Act - Revised is a legislative framework that aims to promote fair competition, prevent anti-competitive practices, and protect consumer interests in the marketplace.
Entities engaged in business activities that could potentially affect competition within the relevant market are required to file the Competition Act - Revised.
To fill out the Competition Act - Revised, entities must provide accurate information regarding their business operations, relevant market conditions, and any potential competitive impacts.
The purpose of the Competition Act - Revised is to ensure a competitive marketplace, prevent monopolies, discourage unfair trade practices, and enhance consumer welfare.
The information required includes details about business activities, market share, competitive practices, pricing strategies, and potential conflicts of interest.
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