Effect of Competition Law on SMEs in India
The numbers of SMEs are much more than any other scale of industry and so accordingly their stress with respect to the competition is much more in the Indian developing economy. The manuscript ahead tries to introduce the meaning of the SMEs along with a brief idea about the dimensions of the Indian Competition law in the first part. The second part deals with how the Competition Act of 2000 and tries to encourage the SMEs along with policy initiatives and measures are taken by the state. The third part will deal with the Anti-Competitive agreements with respect to the Competition Act of 2000 and its impact on SMEs. The fourth part will deal with the role of the central and state governments along with the CCI. The conclusion is dealt in the fifth part of the paper which deals with my own opinion regarding how the SMEs are getting benefitted from the Competition Act of 2000 after the whole analysis and findings. The paper also includes several cases and case studies with regard to competition in India and focuses on the comparison between the laws Act of 2000 and other competition law of other jurisdictions including the USA and European Union.
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