The Competition Commission of India said Sangeeta Verma, a former Indian Economic Services (IES) officer, has joined as its member.The CCI will now have its full strength, with one chairperson Ashok Kumar Gupta and three members.
Competition Commission of India (CCI)
- Competition Commission of India (CCI) aims to create and sustain fair competition in the economy that will provide a ‘level playing field’ to the producers and make the markets work for the welfare of the consumers.
- It was established under the Competition Act,
- It was established in October 2003, it started functioning fully in May, Competition Act,
- As per 2002, this commission has one president and minimum two and maximum of 6
- Proactive engagement with all stakeholders, including consumers, industry, government and international jurisdictions.
- Being a knowledge-intensive organization with high competence level.
- Professionalism, transparency, resolve and wisdom in enforcement.