Appellate Tribunal is an important institution established under the Competition Act, 2002.
Its main objective is to hear appeals against the decisions of the Competition Commission of India (CCI).
Functions
- The primary function of the Appellate Tribunal is to hear appeals against the decisions of the CCI. This includes appeals against orders related to anti-competitive agreements, abuse of dominant position, and combinations (mergers and acquisitions).
- The Appellate Tribunal also has the power to hear appeals against any direction or decision of the CCI related to the imposition of penalties.
- It has the authority to adjudicate on disputes related to competition law and pass orders and directions that are necessary to protect competition in the market.
- The Appellate Tribunal also has the power to review, modify, or set aside any decision or direction passed by the CCI.
Composition
- The Appellate Tribunal consists of a Chairperson and at least two other Members.
- The Chairperson must be a person who has been a Judge of the Supreme Court or Chief Justice of a High Court.
- One of the Members must be a person who has special knowledge of, or professional experience in, international trade, economics, business, commerce, law, finance, accountancy, management, industry, public affairs, or competition matters.
- The other Member must be a person who has special knowledge of, or professional experience in, competition matters.
Importance
- The Appellate Tribunal plays a crucial role in ensuring the fair and effective implementation of competition law in India.
- It provides a forum for parties aggrieved by the decisions of the CCI to seek recourse and obtain justice.
- The Appellate Tribunal’s decisions have a significant impact on the development of competition law jurisprudence in India.
Rules and Regulations
- The Appellate Tribunal follows the rules and procedures laid down in the Competition Act, 2002 and the Competition Appellate Tribunal (Procedure) Rules, 2011.
- The Appellate Tribunal has the power to regulate its own procedure and decide the format and manner of conducting hearings.
- It also has the power to summon and enforce the attendance of any person, including witnesses, and to compel the production of documents.
Export and Import Policies
- The Appellate Tribunal does not directly deal with export and import policies, as its primary function is to adjudicate on disputes related to competition law.
- However, its decisions can have an impact on the export and import policies of companies and industries, as it helps to promote a level playing field and fair competition in the market.