Which organization, in October 2022, imposed a penalty on Alphabet for violating anti-trust laws in India?
- Supreme Court of India
- Government of India
- Niti Aayog
- Competition Commission of India
- Monopolies and Restrictive Trade Practices
The Correct Option is D
Approach Solution - 1
The organization that imposed a penalty on Alphabet for violating anti-trust laws in India in October 2022 is the Competition Commission of India (CCI). Let's explore why this is the correct answer and analyze the given options:
- Supreme Court of India: The Supreme Court is the apex judicial authority in India and deals with cases of constitutional and legal significance, not specifically tasked with enforcing anti-trust regulations.
- Government of India: While the government sets the framework for laws and regulations, penalties for anti-trust violations are typically imposed by specialized bodies or agencies.
- Niti Aayog: This is a policy think tank of the Government of India, which focuses on strategic policy and economic direction rather than enforcement of competition law.
- Competition Commission of India (CCI): The CCI is the dedicated regulatory body responsible for enforcing the Competition Act, 2002, and ensuring fair competition in Indian markets. It has the authority to impose penalties for anti-trust violations.
- Monopolies and Restrictive Trade Practices (MRTP): The MRTP Act has been succeeded by the Competition Act, 2002. The MRTP Commission was replaced by the CCI to handle anti-trust issues.
From the analysis above, it is clear that the correct answer is the Competition Commission of India. This body is responsible for maintaining competition in the market and preventing practices that have an adverse effect on competition.
Approach Solution -2
| Options | Explanation |
|---|---|
| Supreme Court of India | The Supreme Court is the highest judicial forum and final court of appeal under the Constitution of India, not primarily involved in imposing penalties for anti-trust violations. |
| Government of India | The central government is responsible for nationwide policies but typically delegates specific issues like anti-trust to specialized agencies. |
| Niti Aayog | This is a policy think tank of the Government of India, focusing on policy-making rather than enforcement or penal actions against corporations. |
| Competition Commission of India | The Competition Commission of India (CCI) is the regulatory body for enforcing The Competition Act, 2002, aimed at preventing activities that have an appreciable adverse effect on competition in India. CCI is responsible for penalizing anti-trust behaviors. |
| Monopolies and Restrictive Trade Practices | This was a regulatory agency that existed before CCI and was replaced by it in 2009. It no longer imposes penalties or regulates anti-trust laws. |
In October 2022, Alphabet was penalized for violating anti-trust laws in India by the Competition Commission of India. This organization is specifically mandated to handle such cases, making it the correct answer.
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