The functions, duties and powers of the Board shall, in addition to the functions, duties and powers mentioned
elsewhere in this Act, be as follows:
(a) to formulate such policies as to be pursued in relation to the maintenance of fair competition and submit the same to the
Government;
(b) if deemed necessary, to review law relating to competition and make suggestions to the Government of Nepal for necessary
improvement in the law;
(c) to raise public awareness about positive impacts of fair competition in economy and negative impacts of anti-competitive
practices;
(d) to give necessary suggestions to the Government of Nepal in relation to the economic condition, status of trade of the country,
and acts required to be done for the enhancement of fair competition in the market and of the interests of consumers;
(e) to identify the problems with the enhancement of fair competition in the market and give suggestions to the concerned body for the
resolution of such problems;
(f) to have collaboration with the private sector for the promotion of fair competition in the market;
(g) to do, or cause to be done, such study and research work as may be required for the promotion of fair competition in the market;
(h) to formulate an action plan for the promotion of fair competition;
(i) to carry out, or cause to be carried out, inspection, monitoring and inquiry as to whether any anti-competitive activity has been done
by any one;
(j) where it appears from an inspection, monitoring and inquiry carried out pursuant to clause (h) that any anti-competitive activity
has been done by any person, to cause such person to stop such activity immediately;
(k) to form committees as required in relation to the functions required to be performed by the Board;
(l) to perform, or cause to be performed, such other functions as may be required in relation to the maintenance of fair competition.