Competition leads to lower prices, a wider choice of goods, and technological innovation , all in the interest of the consumer. Competition policy laws are designed to protect the competitive process either in a particular sector or across various sectors of the economy .Probably one of the best ways for a competition agency to be proactive is to enhance competition advocacy activities, as the experiences in developing and developed countries have shown.
In light of the substantial changes in the real estate market and consumers interest in a competitive real estate industry , Competition Commission of India (CCI) along with Hudco had recently organised a workshop to provide a forum on the competitiveness of the real estate marketing activities, aimed at expanding consumer welfare by promoting competition and correcting market structures and functions, which may impede competition in real estate sector.
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