Competition law and policy aims to promote fair competition in markets. The Competition Act of 2002 established the Competition Commission of India (CCI) to prevent anti-competitive practices. The CCI prohibits anti-competitive agreements between companies, abuse of dominant market positions, and regulates mergers and acquisitions. It investigates complaints and makes orders to protect competition and consumers. The objectives of the Act are to prevent anti-competitive behavior and practices, promote fair competition, protect consumer interests and ensure freedom of trade in India.