Study of Competition Law: Indian Perspective
The author of this article will investigate competition law in India using the Structuralist and Chicago schools of thought. The Competition Act of 2002 has been amended, and there have been numerous scholarly debates about the objectives of competition law, making it a complicated subject. The ideas of structuralism (Harvard) and the Chicago School (Chicago) are intertwined throughout its jurisprudence. One emphasises competition to avoid monopoly or oligopoly, whereas the other emphasises profit maximisation to benefit consumers. The author will look into how domestic and international courts deal with the issue of consumer welfare. The Google case exemplifies two opposing views on how things should be in the United States and the European Union.