22. Commission’s competition functions

The Commission shall, in relation to each public utilities industry, regulate and inquire into anti-competitive practices, monopolies, acquisitions and abuses of a dominant position, and merger situations and may carry out an investigation, either of its own motion or on a complaint or request made to it by any person, with respect to—

Public Utilities Commission of Sri Lanka

the existence or suspected existence of any anti-competitive practices ;

the acquisition, existence or suspected existence of abuse of a dominant position which may affect domestic trade or economic development in one or more markets in which a regulated entity operates ;

the creation or suspected creation of a merger situation, on becoming aware of the same, in consultation with any regulated entity affected or likely to be affected, the complainant and any Consumer Consultative Committee established.