Recently, after the competition watchdog-Competition Commission of India (CCI) raised concerns over the telecom ministry’s plans to allow mergers and acquisitions (M&As) if the combined market share of merged mobile phone companies was up to 35% but less than 60%, the Telecom department has reportedly approached the Union Cabinet seeking exemption under the purview of…
In the wake of economic liberalization and widespread economic reforms introduced in India since 1991 and in its attempt to march from a “Command and Control” regime to a regime based on free market principles, India replaced its archaic Monopolies and Restrictive Practices Act, 1969 with a modern competition law, in sync with modern and…
Recently, there was news of Bharatmatrimony.com filing a complaint against Google India with the Competition Commission of India (CCI) against Google’s alleged abuse of dominant position in its practices related to AdWords. In the same context, a remark was made at a seminar in Delhi on future of online markets that “media and particularly the…
Recently, in news published in the Financial Express on 11th August 2010, the Competition Commission of India (CCI) is reported to have issued wide ranging recommendations to the Planning Commission for incorporation in the proposed National Competition Policy. The recommendations relating to the electricity sector, as reported, include, inter-alia, review on policies of imposition of…
November 3, 2009 The recent anti-trust raids on Ranbaxy’s France unit by the European Commission (EC) has not come as a surprise, given that most pharmaceutical companies in India manufacture generic drugs. These drugs contain same active ingredients as the original formulations invented by the “originator” companies, mostly from Europe or United States, and in…
There is little awareness of cartels in India. Cartels being agreements formed in secrecy, which may or may not be in writing; between firms in direct competition with one another in the “relevant market,” are the most pernicious form of anti competitive business practices. Business cartels are known to exist in industrialised countries…
