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(a) Function and Responsibilities
♤ Make the markets work for the benefit and welfare of consumers.
♤ Ensure fair and healthy competition in economic activities in the country for faster and inclusive growth and development of economy.
♤ Implement competition policies with an aim to effectuate the most efficient utilization of economic resources.
♤ Develop and nurture effective relations and interactions with sectoral regulators to ensure smooth alignment of sectoral regulatory laws in tandem with the competition law.
♤ Effectively carry out competition advocacy and spread the information on benefits of competition among all stakeholders to establish and nurture competition culture in Indian economy.