Correct option is B
Section 27 of the Competition Act, 2002 empowers the Competition Commission of India (CCI) to pass orders upon finding contraventions of Section 3 (anti-competitive agreements) or Section 4 (abuse of dominant position). The CCI may issue directions to cease and desist, impose penalties, or modify agreements or conduct.
Information Booster:
· Section 3 prohibits practices like cartelization, bid-rigging, and exclusive supply agreements.
· Section 4 addresses abuse of dominance, e.g., predatory pricing, refusal to deal, etc.
· The CCI has wide-ranging powers to investigate, penalize, and regulate market behavior.