Question

______ Act is formed to prevent such practices by the business firms fhat hinder coll\petition in the market.

Options

• The Agriculture Produce (Grading and Marking) Act, 1937

• The Prevention of Food Adulteration Act, 1954

• The Standards of Weights and ·Measures Act, 1976

• The Competition Act, 2002

Answer 1

The Competition Act, 2002

Explanation -

The Competition Act of 2002 was enacted to discourage business firms from engaging in actions that impede market competition.