Feb. 27, 2021

Union Minister for Finance and Corporate Affairs inaugurated the Competition Commission of India’s (CCI) Regional Office (South) in Chennai.


  • Status: A statutory body established under the provisions of The Competition Act, 2002.

  • Established in: 2003.

  • Composition: A Chairperson and 6 Members appointed by the Central Government.

  • Headquarters: New Delhi.

  • Preceding agency: Monopolies and Restrictive Trade Practices Commission.

  • Mandate: To implement provisions of The Competition Act, 2002 which –
    • prohibits anti-competitive agreements and abuse of dominant position by enterprises

    • regulates mergers and acquisition (M&A) which can have an adverse effect on competition within India. Thus, deals beyond a certain threshold are required to get clearance from CCI.

Source : PIB