By Harshini Jhothiraman Editor’s Note: Regulatory mechanisms in every country work perfectly until before they overlap each other resulting in a conflict of laws. Ironically, international
By Sumit Kumar Suman, CNLU INTRODUCTION Pure competition is a market situation where there is a large number of independent sellers offering identical products. It
By Ayushi Singhal, NUJS Editor’s Note: It often so happens that when a law, whether in the form of an act, a rule, order or
Subhadeep Ray Choudhury School of Law, KIIT University “Editor’s Note: The paper deals with the aspects of the Indian Competition Act, 2002 specifically with the
One of the main objectives of competition or antitrust laws is to ensure that consumers pay the most efficient price coupled with the highest quality of goods and services they consume. However, when there are activities which hamper the competition, it has adverse effects not only for consumers but the economy of a nation as well. One way to hamper the competition and creating monopoly in the market is forming cartels. They allow small and inefficient competitors to join together at the expense of their customers, therefore, resulting in an antithetical relationship.