Discussion
Under the Competition Act, the power to check whether appreciable adverse effect on competition has caused or not is that of :
Answer: A
The power belongs to the CCI, the Competition Commission of India.
Under Sections 3, 4 and 20 of the Competition Act, 2002, the Commission inquires whether an agreement, an abuse of dominant position or a combination causes or is likely to cause an appreciable adverse effect on competition in India. Section 19(3) and Section 20(4) list the factors the Commission must consider in deciding this.
The Central Government makes rules and appoints members, but it does not decide this question. The Finance Minister and the Finance Commission have no role under the Act.
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