arrow
arrow
arrow
The remedies for the violation of Sections 3 and 4 of the Competition Act have been laid down under:
Question

The remedies for the violation of Sections 3 and 4 of the Competition Act have been laid down under:

A.

Section 26

B.

Section 27

C.

Section 42A

D.

Section 43A

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.

Free Tests

Free
Must Attempt

UGC NET Paper 1 Held on 25 June 2025 Shift 1

languageIcon English
  • pdpQsnIcon50 Questions
  • pdpsheetsIcon100 Marks
  • timerIcon60 Mins
languageIcon English
Free
Must Attempt

Elizabethan Drama

languageIcon English
  • pdpQsnIcon10 Questions
  • pdpsheetsIcon20 Marks
  • timerIcon12 Mins
languageIcon English
Free
Must Attempt

Concepts, Terms, and Ideas

languageIcon English
  • pdpQsnIcon10 Questions
  • pdpsheetsIcon20 Marks
  • timerIcon12 Mins
languageIcon English
test-prime-package

Access ‘UGC NET LAW’ Mock Tests with

  • 60000+ Mocks and Previous Year Papers
  • Unlimited Re-Attempts
  • Personalised Report Card
  • 500% Refund on Final Selection
  • Largest Community
students-icon
225k+ students have already unlocked exclusive benefits with Test Prime!
Our Plans
Monthsup-arrow