27th February, 2017

AAEC - Competition Act, 2012

The basic requirement for section 3(1) of the Act to come into operation is that an agreement between enterprises relating to the supply of goods or services should cause or be likely to cause an AAEC within India. The key elements are: agreement, effect of the agreement on competition, that effect being adverse on competition and that adverse effect being appreciable.

  • Litigation
  • Due Diligence & Statutory compliance
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