This paper discusses, in light of the growth of mushrooming cartels and problems associated with their detection, the concept of leniency programme as contained in the Antitrust Law of India i.e. Competition Act, 2002 (‘Act'). The rhetoric of leniency programme is very much a part of the...

Cartels are considered as one of the infringement to the Competition Act. Section 2 of the Competition Act, 2002 clearly defines cartel however, Section 3 of the same Act prohibits anti- competitive agreements which include cartels. Leniency programs were introduced as an effective tool to...

The leniency program was introduced with the objective of enforcing Competition law and detecting cartels by imposing less or no penalties on companies which provides the Competition Commission with evidence that would have been hard to find merely by investigation. The purpose of the leniency...

This study analysis the implementation of the cartel leniency program by the Competition Commission of India using comprehensive data and finds a distinct lack of a ‘race’ to the agency. We specifically focus on why prima facie findings have not resulted in a ‘shock’ to expected returns...

This paper discusses the movement of capital flows to and from the exchange rate regimes and monetary policies of China, India, Brazil, and South Africa (CIBS). Furthermore, we compare the level of financial stability, and the composition and duration of capital flows of the countries on a...