Which of the following is NOT an element of the Competition Act 2002?​

Correct option is D

Prohibition of trade is not an element of the Competition Act 2002, but the act does prohibit agreements that can have an adverse effect on competition in India.
The Competition Act 2002 also:

•  Establishes a commission to prevent practices that have an adverse effect on competition.
  
• Takes into consideration various factors when determining whether an agreement has an adverse effect on competition
  
• Can limit production, supply, technical development, and service provision in the market
• Can lead to the rigging of bids and collusive bidding​