international cartel
power to impose lesser penalty
establishment of commission
composition of commission
Answer is Right!
Answer is Wrong!
The correct answer is: A. international cartel
Section 32 of the Competition Act deals with international cartels. It prohibits agreements between enterprises, decisions by associations of enterprises, and concerted practices which have as their object or effect the prevention, restriction or distortion of competition within India, including agreements, decisions and practices relating to exports from India or imports into India.
The other options are incorrect because:
- Option B, power to impose lesser penalty, is covered by Section 27 of the Competition Act.
- Option C, establishment of commission, is covered by Section 3 of the Competition Act.
- Option D, composition of commission, is covered by Section 4 of the Competition Act.
I hope this helps! Let me know if you have any other questions.