Trade Associations Should Work Within Competition Law Framework: CCI Chief

New Delhi: Trade associations should work within the framework of the competition law as their activities can sometime lead to unintended consequences such as anti-competitive practices, CCI Chairperson Ravneet Kaur said on Friday.

The Competition Commission of India (CCI) works to promote fair competition and curb unfair business ways in the market place. Addressing a regional workshop on competition law in Kolkata organised by CCI, along with Merchants’ Chamber of Commerce & Industry, Kaur highlighted the instrumental role played by trade and industry chambers in providing a platform for engaging in open dialogue and maintaining a level-playing field. She said trade associations have to operate within the framework of competition law, according to a release issued by the regulator. The influence wielded by trade associations can sometimes lead to unintended consequences, such as the facilitation of anti-competitive agreements or practices, she said, adding that CCI will work proactively with trade associations to ensure compliance with the competition law.