Competition Act, 2002

Division of enterprise enjoying dominant position.

28. (1) The [Commission], may, notwithstanding anything contained in any other law for the time being in force, by order in writing, direct division of an enterprise enjoying dominant position to ensure that such enterprise does not abuse its dominant position.

(2) In particular, and without prejudice to the generality of the foregoing powers, the order referred to in sub-section (1) may provide for all or any of the following matters, namely :-

(a)	-	the transfer or vesting of property, rights, liabilities or obligations;
(b)	-	the adjustment of contracts either by discharge or reduction of any liability or obligation or otherwise;
(c)	-	the creation, allotment, surrender or cancellation of any shares, stocks or securities;
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