Antitrust/Competition

ANTITRUST/COMPETITION

These laws are in place so as to monitor the competition environment among the businesses as well as maintain businesses from using unlawful means which may harm the society at large. In 1969, India was a socialist state, and thus Monopolistic & Restrictive Trade Practices Act was enacted with the aim to restrict private businesses to become a monopoly or for that matter big enough to influence the market. With change in India’s policies to become a more open economy in 1992, the regulatory laws governing the businesses also needed to be changed. This was done by bringing in various sets of laws over time such as Competition Act, 2002 and Insolvency & Bankruptcy Code, 2016. Competition Act, 2002 created Competition Commission of India or CCI which now acts as the competition regulator in the Indian economy. It monitors and keeps in check activities such as which may cause an adverse effect on competition (AAEC) in India.

We provide at our firm, advisory solutions to our clients covering areas of competition law issues that are inclusive of reviewing potentially anti-competitive agreements and practices, arrangements and formulations of compliances including that of enforcement such as cartel investigations, abuse of dominance, merger control, completion audit and other compliances.

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