Facts for Prelims (FFP)
Source: Economic Times
Context: The Competition Commission of India (CCI) has achieved membership in the 18-member steering committee of the International Competition Network (ICN), a global body dedicated to competition law enforcement.
- The ICN includes 140 competition agencies and serves as an informal platform for antitrust authorities to foster regular communication and address practical competition concerns.
- The ICN’s members comprise both national and multinational competition authorities, and they collaborate in project-oriented working groups to produce results in the realm of competition enforcement.
The Competition Commission of India (CCI) is a statutory body that enforces the Competition Act, 2002. The CCI was established in 2009 by the Ministry of Corporate Affairs
