🛑 *COMPETITION COMMISSION OF INDIA (CCI)* It was established as a statutory body in 2009 by the Government *under the Competition Act, 2002.* It comes under the *Ministry of Corporate Affairs* . *It is a quasi-judicial body* . It consists of a Chairperson and not more than 6 Members appointed by the Central Government. ♦️Objectives: To eliminate practices that have an adverse effect on competition; To promote and sustain competition; To protect the interests of consumers, and ensure freedom of trade in the markets of India. ♦️Powers and Responsibilities: The CCI has been entrusted with the enforcement and implementation of the Competition Act (2002). It has the authority to investigate anti-competitive agreements, abuse of dominant position, and regulate combinations (acquisitions, mergers, and amalgamations) to ensure they do not have an adverse effect on competition in India.