CCI reduces fee for filing complaints by individuals, NGOs

Last Updated: Tuesday, September 1, 2009 - 22:59

New Delhi: Anti-competition watchdog
Competition Commission of India has slashed substantially the
fee for filing complaints by individuals and NGOs to Rs 5,000
from Rs 50,000 earlier, making it affordable for the `aam

Besides individuals and NGOs, consumer associations and
cooperative societies too can lodge their complaints with the
CCI by paying the discounted fee, the commission said in a
Firms and companies having a turnover of less than Rs one
crore would be required to pay a filing fee of Rs 20,000, the
notification said.

The filing fee for others, however, would be retained at
Rs 50,000.

"High fee should not work as a deterrent for the common
man, company etc. to approach the Commission," CCI Chairman
Dhanendra Kumar had earlier told agency.
Following operationalisation of the CCI, people can file
complaints with regard to anti-competitive practices and abuse
of dominance by corporate houses.

The Competition Act 2002, was enacted on January 13,
2003, with an aim to prevent practices that have adverse
effect on competition; to promote and sustain competition in
markets, to protect the interests of consumers and to ensure
freedom of trade carried on by other market participants.

Bureau Report

Download the all new Zee News app for Android and iOS to stay up to date with latest headlines and news stories in Politics, Entertainment, Sports, Technology, Business and much more from India and around the world.

First Published: Tuesday, September 1, 2009 - 22:59

More from zeenews

comments powered by Disqus