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 19 May 2026 Accountant ca kunjan Mumbai CA Inter View Details ARTICLESHIP 02 May 2026 Accounts and Audit Assistant Kothawade and Laddha Thane B.Com View Details 11 May 2026 Post office Post office Anakapalle Others View Details 07 May 2026 CA Assistant amit desai and co Mumbai CA Final View Details ARTICLESHIP 15 May 2026 Audit Assistant / Article Trainee / Intern SSGS and Associates Chennai CA Inter View Details 26 April 2026 Chartered Accountant Source HR Mumbai CA View Details 23 May 2026 Article Assistant Geeta Manchanda & CO. New Delhi CA Inter View Details 18 May 2026 MIS Executive Primarc Pecan Retail Limited Mumbai B.Com View Details Share  Facebook  Twitter  Linkedin  Reddit  Email  Whatsapp  Gmail  Pocket  Print  Pinterest  PDF  Translate Whatsapp Groups GST Income Tax CA Final CA Inter CAclubindia 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