A
1 only
B
2 only
C
Both 1 and 2
D
Neither 1 nor 2
Correct answer: (a) 1 only
Explanation
Statement 1 is correct because the CCI regulates anti-competitive horizontal agreements under Section 3 of the Competition Act, 2002. Statement 2 is incorrect because regulatory focus targets and penalizes anti-competitive practices like wage-fixing and no-poach agreements, rather than protecting them.
Same topic · past papers
UPSC has asked this before
These previous-year questions sit on the same topic. Open one to practise the earlier ask.