The Competition Appellate Tribunal:
- The tribunal is established by the Central Government to hear, and dispose of appeals against orders and directions passed by the Competition Commission of India.
- The Competition Appellate Tribunal adjudicates on claims for compensation that may have arisen from the findings of the Competition Commission of India.
The Competition Appellate Tribunal is composed of a Chairperson and maximum 2 members. Their term of office is 5 years or till they attain the age of 65 years. The members of the tribunal are eligible for re-appointment.
The provisions of the Tribunal allow for a final appeal to the Supreme Court of India if the aggrieved parties are not satisfied with the adjudications of the tribunal.