Overview

The principle objective of competition law is to protect the competitive process. It prohibits activities such as collusive agreements to fix prices or outputs, abuse of dominance, or monopolization, and anti-competitive mergers. Around the world as an increasing number of countries move toward economic liberalization, there is renewed interest in adopting or modernizing competition laws. India, too has taken significant steps away from its post-independence system of governmental controls and protective regimes. The Competition Act, 2002 is on the statute books and is likely to be fully operational within a short period. This unparalleled volume, with contributions from eminent inter- national, as well as Indian specialists, offers a comprehensive survey and analysis of key concepts and issues in competition law. Equally importantly, it contains the essence of the experience of the law in practice in major developed and developing countries. Experts from the respective jurisdictions have written on competition law in Australia, the European Community, Germany, the UK, the USA, Korea, Mexico, and South Africa. This book is particularly relevant for countries such as India, which may be said to have a weak competition culture, and where the need to build a knowledge base is indisputable. The final part of the book is devoted to the evolution of competition law in India, particularly the provisions of the 2002 statute. Throughout, the book highlights the economic context of this law, the role of economic analysis in determining competition cases.

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9780195688023

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Reviews

<br> this book, which draws from global experience, is timely, relevant, and welcome. [It] contains contributions from leading experts in the field professionals who have witnessed or influenced the growth of competition law over the last few decades. a formidable collection of expert opinion. -C. Rangarajan, Chairman, Economic Advisory Council to the PM, India<p><br> a very timely book for India. a very valuable resource [that]] brings within easy grasp relevant issues in a topic that has multiple facets. I found this book most interesting and useful. -Harsh Vardhan Singh, Deputy Director General, WTO<p><br> an invaluable tool for readers who want to get an understanding of competition law issues in the most important jurisdictions today and a perspective on how it is relevant to India. ... essential reading in today's world characterized by the growing recognition of the importance of market oriented reforms. -Frederic Jenny, Judge, Cour de Cassation, France Chairman, OECD Compet

this book, which draws from global experience, is timely, relevant, and welcome. [It] contains contributions from leading experts in the field professionals who have witnessed or influenced the growth of competition law over the last few decades. a formidable collection of expert opinion. -C. Rangarajan, Chairman, Economic Advisory Council to the PM, India<br> a very timely book for India. a very valuable resource [that]] brings within easy grasp relevant issues in a topic that has multiple facets. I found this book most interesting and useful. -Harsh Vardhan Singh, Deputy Director General, WTO<br> an invaluable tool for readers who want to get an understanding of competition law issues in the most important jurisdictions today and a perspective on how it is relevant to India. ... essential reading in today's world characterized by the growing recognition of the importance of market oriented reforms. -Frederic Jenny, Judge, Cour de Cassation, France Chairman, OECD Competition Committee<br> The broad sweep of the work, both topical and geographic, together with the undoubted expertise of its many contributors also make it an ideal resource for competition law stakeholders in any jurisdiction that is considering a new or updated competition law. a tour de force. -J. William Rowley, Q.C., Chairman, IBA Global Competition Forum<br>

Author Information

Vinod Dhall Member, Competition Commission of India. Previously, he was Secretary to the Government of India, Department of Company Affairs. He has held other important positions in government in the fields of finance and industry.

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