CS Executive · Economic, Commercial and Intellectual Property Laws · Competition Law
Which of the following correctly describes the Commission's duties relating to competition advocacy under the Competition Act, 2002?
The Commission must take suitable measures to promote competition advocacy, create awareness and impart training, furnish the Central Government returns and particulars on such measures when required, and prepare an annual report that is forwarded to the Government and laid before each House of Parliament.
- AIt must take suitable measures for promoting advocacy, creating awareness and imparting training, and furnish the Central Government particulars of such measures as required, besides an annual report laid before ParliamentCorrect
- BIt need only act when a Government makes a reference, and has no duty to promote awareness or training
- CIt must take measures for advocacy but is exempt from giving any returns or particulars to the Central Government
- DIt must send its annual report to the Central Government, which need not place it before Parliament
Explanation
Section 49(3) obliges the Commission to take suitable measures for advocacy, awareness and training. Section 53(1) requires returns and particulars on such measures as the Central Government requires. Section 53(2)-(3) require an annual report forwarded to the Central Government and laid before each House of Parliament. The other options each omit or contradict one of these duties.
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