Advocate in India
The Competition Act study the sustainability of competition in market and on the other hand, Consumer law deals with the outcome of transaction between the seller and the consumer or buyer. The relationship between consumer and competition law is the primary subject of this study, which also outlines the common goal of both. Despite the fact that competition and consumer laws are different and cover different subjects, they both have the same goal, which is to safeguard consumers' interests. The reasoning behind consumer protection is necessary for the market and competition's benefit, as there are several criteria that could serve as the cornerstone of a law protecting consumers. The current study examines how competition law and consumer protection are related, how anti-competitive behavior affects consumers, and what legal repercussions the Competition Commission of India may face for alleged infractions involving unfair practices by businesses, combinations, and abuses of dominance. As we know consumer welfare is utmost aim of every policy. Nowadays the Competition between the market players is a major disadvantage to the consumer in last as they abuse their position which results in increase in price which in last will affect the consumer. The interests of consumers must come first if the state is to fulfill its objective of an open market. The Competition Commission of India must also stop any activities that can have a negative effect. This research examines how consumer protection and the rules of competition interact, as well as how anti-competitive behavior affects consumers.
Article
International Journal of Law Management and Humanities, Volume 8, Issue 1, Page 60 - 65
DOI: https://doij.org/10.10000/IJLMH.118893This 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.
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