Competition Act, 2002
Section - 27 - Orders by Commission after inquiry into agreements or abuse of dominant position
Orders by Commission after inquiry into agreements or abuse of dominant position.27. Where after inquiry the Commission finds that any agreement referred to in section 3 or action of an enterprise in a dominant position, is in contravention of section 3 or section 4, as the case may be, it may pass all or any of the following orders, namely:-
| (a) | - | direct any enterprise or association of enterprises or person or association of persons, as the case may be, involved in such agreement, or abuse of dominant position, to discontinue and not to re-enter such agreement or discontinue such abuse of dominant position, as the case may be; |
| [(b) | - | impose such penalty, as it may deem fit which shall be not more than ten per cent. of the average of the turnover or income, as the case may be, for the last three preceding financial years, upon each of such person or enterprise which is a party to such agreement or has abused its dominant position: |
| - | Provided that in case any agreement referred to in section 3 has been entered into by a cartel, t .... To read the full section download the app from Google Play store
ARTICLESHIP
07 October 2026
Article Trainee/ CMA TraineeRMA And Associates LLP New Delhi CA Inter View Details
CCI
Pro
|
CAclubindia
