Published Paper Details:

India, on attaining independence; subsequent steps were taken up to strengthen the economy of the country. It is unquestionable fact that economy forms the backbone for sustenance of any country. It is highly impossible for a country to do anything without a robust economy and economy is nothing but optimum management of resources of a country. The foundation for independent India�s economy was set in a planned sector which brought in its framework planned utilization and consumption of resources.. It was only at this time when the Monopoly and Restrictive Trade Practices Act; hereby referred as MRTP was passed with the following two objectives: a] to prevent the concentration of economic power in few hands that would thereby lead to monopolistic behavior and b] to curb the unfair and restrictive trade practices. The ulterior motive of the same was to protect the interests of the consumers. The present paper analyses the paradigm shift of the Competition Act from that of the MRTP. Further, the paper cites environment of effective implementation of the provisions of the Competition Act by the Competition Commission of India particularly with reference to cartels.. The paper concludes by analyzing the role of CCI by penalizing cement cartel for anti-competitive activities thereby establishing the effective ways the Competition Act has protected the interest of the consumers