An Overview of Competition Act 2002- Indian Legislation

  • Madhuri Singh and Prof. Dr. Sanjoosh Singh Bhadauriya
  • Show Author Details
  • Madhuri Singh

    Phd Scholar at Barkatullah University, Bhopal, India

  • Prof. Dr. Sanjoosh Singh Bhadauriya

    Principal at Rajiv Gandhi College, Bhopal, India

  • img Download Full Paper

Abstract

Competition is the creator to accomplishment. At the point when markets crumple down there is maintainability, profits, effectiveness, advancement and sustaining benefits to the economy. The Competition Act is one such ratification which aims to get rid of anticompetitive practices through prevention of anti-competitive agreements and abuse of predominance circumstances in marketplace. This paper means to consider the structural aspects of the Competition Act by discussing primary perceptions in an exact way. Making consumer aware in the field of Competition Law is an utter necessity since most of the time consumers don't know about the impacts of such practices and neglect to understand the monopoly of market. Inside this time of evolution, competition law and policy in India has seen an active interpretational exercise.

Type

Research Paper

Information

International Journal of Law Management and Humanities, Volume 4, Issue 3, Page 4131 - 4138

DOI: https://doij.org/10.10000/IJLMH.11981

Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution -NonCommercial 4.0 International (CC BY-NC 4.0) (https://creativecommons.org/licenses/by-nc/4.0/), which permits remixing, adapting, and building upon the work for non-commercial use, provided the original work is properly cited.

Copyright

Copyright © IJLMH 2021