The Parliament has passed the Competition (Amendment) Act, 2009 to amend the Competition Act, 2002.The impact of the Bill would be that all pending cases on which the Monopolies and Restrictive Trade Practices (MRTP) Commission was to continue jurisdiction for two years after repeal of the MRTP Act (on 1st September, 2009), will be adjudicated by Competition Appellate Tribunal in accordance with the provisions of the repealed MRTP Act as if the Act had not been repealed.
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