The Competition Commission of India (CCI) disposed off nearly 75% of the cases it received till March 31, 2012, Parliament was informed today.
"The CCI received a total number of 304 cases up to March 31, 2012 under various sections of the Competition Act. Out of these, 227 cases have been disposed off," the Minister of State for Corporate Affairs R P N Singh told Rajya Sabha in a written reply.
He informed the House that CCI also undertook advocacy activities creating awareness among stakeholders and conducted research studies through reputed institutions on sectors such as steel, cement, airlines and pharma.
The Minister said CCI had given its final orders in the alleged airfares hike by airlines, however, it did not receive any complaints on hike in prices of petroleum products involving violation of Competition Act, 2002.
In its order in January, 2012, CCI had dismissed the complaints against private airlines saying they did not indulge in any anti-competitive practices by raising fares after Air India pilots went on strike during April-May, 2011.
Singh said the Commission is fully functional and has been working continuously to achieve its objectives.
"CCI examines the information received under...Relating to 'anti-competitive agreements' and 'abuse of dominance' and impose penalty for violation of the provisions of the Competition Act, 2002, which directly or indirectly benefits the consumers," he informed the house further.