Competition Act, 2002

CHAPTER II

PROHIBITION OF CERTAIN AGREEMENTS, ABUSE OF DOMINANT POSITION AND REGULATION OF COMBINATIONS

Prohibition of agreements

Anti-competitive agreements.

3. (1) No enterprise or association of enterprises or person or association of persons shall enter into any agreement in respect of production, supply, distribution, storage, acquisition or control of goods or provision of services, which causes or is likely to cause an appreciable adverse effect on competition within India.

(2) Any agreement entered into in contravention of the provisions contained in sub-section (1) shall be void.

(3) Any agreement entered into between enterprises or associations of enterprises or persons or associations of persons or between any person and enterprise or practice carried on, or decision taken by, any association of enterprises or association of persons, including cartels, engaged in identical or similar trade of goods or provision of services, which-

(a)	-	directly or indirectly determines purchase or sale prices;
(b)	-	limits or controls production, supply, markets, technical development, investment or provision of services;
(c)	-	.... To read the full section download the app from Google Play store Latest Job Openings View all 08 September 2026 Semi-Qualified Assitant Subrahmanyam & Sivudu CA Firm Hyderabad CA Inter View Details 21 August 2026 Finance Manager Resollect Technologies Pvt Ltd Mumbai CA View Details 12 August 2026 Deputy Manager - Finance RoamPrime Technologies Private Limited Bengaluru CA View Details 27 August 2026 ACCOUNTANT CHARUPREETI & CO Noida Graduate (Any) View Details 09 September 2026 SENIOR AUDITOR & ACCOUNTS MANAGER Anupam Parashar & Co. Ghaziabad CA Final View Details ARTICLESHIP 01 September 2026 Articles Saini Pati Shah & Co LLP, Chartered Accountants Mumbai CA Foundation View Details 13 August 2026 Chartered Accountant (FP&A) Client of Trellis Consulting Gurgaon CA View Details ARTICLESHIP 01 September 2026 Article Assistant SGNG & Associates New Delhi CA Inter View Details Share  Facebook  Twitter  Linkedin  Reddit  Email  Whatsapp  Gmail  Print  PDF Finance and Tax WhatsApp groups list CCI All Updates (WA Group) CCI All Updates (WA Channel) CCI All Updates (Telegram Channel) GST Income Tax CA Final CA Inter CA Foundation CCI Jobs CS CCI Webinars CCI Pro Login at CAclubindia CAclubindia India's largest network for finance professionals User Name Password Remember Me Forgot Password ? Alternatively, you can log in using: Login with Google Don't have an account? Register Now click here to register Follow Us