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competitive world both consumers and the industry enjoys a symbiotic relation. However in an ideal situation it has been believed … unfair trade practices Indian Parliament in 2002 passed Competition Act. Major objectives of this law is to promote fair … competition in the market and penalize the businessmen who involve in the anti competitive trade practices. One such practice is …
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theory of Stackelberg competition and Nash competition with strategic investment under endogenous entry. These theories are … applied to models of competition in quantities, prices and to patent races. The results are used to propose a new approach to … competition policy and issues of the abuse of dominance. …
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Recent adoption of competition laws across the globe has highlighted the importance of institutional considerations for … corruption-free or plagued by corruption. Contingent on the nature of adjudicatory bias, bribery either discourages private … antitrust lawsuits or incentivizes firms to engage in frivolous litigation. Corruption expectedly reduces the effectiveness of …
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