Competition Law & Policy

  • Big agenda ahead for a fair regimeThe Financial Express, India, January 28, 2005The existing law contains a Damocles sword, in terms of the ability of the government to remove any member, including superseding the entire body.
  • Competition breaks cartelsThe Hindu Business Line, India, January 12, 2005Cartels operate across the economy, particularly in the intermediate goods and services sector. They hike production costs, thus making finished goods less competitive. The Finance Minister could launch a `competition audit’ across all sectors to weed out such unhealthy practices.
  • Budgeting for CompetitionThe Economic Times, India, January 08, 2005The absence of vital competition is not apparent in many sectors and a ‘competition audit’ across the board is required before proceeding with further mergers, whether in banking or oil.
  • Local problems need local solutionsThe Economic Times, December 10, 2004Anti-competitive business practices are rampant at the state level and we need state-level competition agencies, backed by appropriate laws, to tackle them.
  • A Head for Competition CommissionThe Hindu Business Line, November 20, 2004As the Competition Commission’s chief task is to decide whether a particular trade practice is harmful for the market, the economy or consumers, the top slot would require the expertise of an economist. If the right persons are not appointed at its formative stage, a useful opportunity will be lost.
  • Competitiveness via CompetitionThe Economic Times, November 23, 2004An effective competition law, including international cooperation to deal with cross-border issues will not only promote consumer welfare but also through better competitiveness.
  • Escape from Unholy BrotherhoodThe Economic Times, November 15, 2004Liberalising India’s nostalgia for a mixed economy has led to cartelisation, hurting consumers. We need open markets and independent regulators who draw sustenance from a comprehensive competition law.
  • Time to Get our Act TogetherThe Economic Times, August 23, 2004The government should make use of the opportunity the Supreme Court verdict has provided to address the systemic problems bedevilling the Competition Act
  • Globalisation and CompetitionThe Economic Times, March 30, 2004Business malpractices are crossing borders unabashedly. The developing word is helpless when it comes to dealing with international cartels. International cooperation is an imperative rather than a disadvantage to the developing world.

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