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India is one of the most significant countries of Asia, particularly in terms of its population and growing economy and markets. India has rapidly moved from a 'command and control' economy to free-market principles, and in this regard, one of the major reforms revamped the competition law. The...
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Under the present system of competition laws in India, the dominance per se is not bad, what is bad is the abuse of this dominant position. This module would enable the learners to, enumerate the conduct which would be termed as abuse under Competition Act, 2002. Explain the concept of ‘unfair...
Persistent link: https://www.econbiz.de/10012955639
Rural markets comprises of a major market in India. About 70% of the population stay in villages/rural areas and are consumers of various products and services. With growing technological know-how and communication channels the flow of goods and services from urban to rural areas have...
Persistent link: https://www.econbiz.de/10012955643
The concept of abuse of dominant position in US and EU has some basic differences and it is interesting to note that the competition law in India has seen a shift from more reliance on EU than US in dealing with abuse of dominance cases. This is quite evident from the fact that the concept of...
Persistent link: https://www.econbiz.de/10012955646
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There is no doubt that increased competition improves a country's economic performance, opens business opportunities to its citizens and reduces the cost of goods and services throughout the economy. This fact has been recognised by the governments around the world including India which is...
Persistent link: https://www.econbiz.de/10012955821
In July 2004, the Working Group on Interaction between Trade and Competition Policy at WTO was made inactive post decision by General Council at Cancun as the proposal to have a formal multilateral framework to enhance the contribution of competition policy to international trade and development...
Persistent link: https://www.econbiz.de/10012955949