Competition Law

Competition law defines the rules and guidelines that promotes or endeavors to keep competition in the market by controlling and regulating anti-competitive conduct by organizations. Competition law is upheld through open and private enforcement. The Competition Act, 2002, as amended by the Competition (Amendment) Act, 2007, follows the way of philosophy of current and modern competition laws. The Act forbids against serious anti- competitive arrangements, abuse of dominant position by ventures and regulates combinations (acquisition, acquiring of control and M&A), which causes or liable to cause a considerable adverse impact on competition in India.

The council aims to strengthen the Indian industry and enabling competitiveness across various business segments. Continued guidance and engagement to the industry regarding the strong future and sustain fair competition in the Indian economy.

For further details, please contact [email protected]