CLP’s Competition Law by S.C. Tripathi – 2nd Edition (Rep.) 2021.

CLP’s Competition Law by S.C. Tripathi – 2nd Edition (Rep.) 2021.

Description:

This classic work provides an in- depth analysis of various aspects of Competition Law in the Indian context. The Competition Act, 2002 has been discussed section wise in a commentary form while leading cases on the subject like Steel Authority of India’s case, DLF Housing Construction and Cement Association case have been included. In addition to this, MRTP Act, Consumer Protection Act, Intellectual Property Rights, WTO-TRIPS, FEMA and SEBI have alaso been briefly incorporated. This book is written in a simple and lucid language and in accordance with the prescribed syllabi of the Indian Universities. It would serve as an excellent reference for students, academicians, researchers, practitioners and policy makers in the field of competition law.

CHAPTERIZATION

1.1       Liberalization & Competition Law

1.2       Unfair & Restrictive Trade Practices

1.3       Monopoly Law in India

1.4       Objectives of Monopoly Law

1.4.1        Foundation of Monopoly Law

1.4.2        Objectives of Competition Law

1.4.3        Cognizance of Competition Wrongs

1.5       Doctrine Guiding the MRTP Act

1.5.1    Constitution & Monopoly Law

1.5.2        Limitation of Monopoly Law

16.       Failure of MRTP Act, 1969

17.       Emergence of Competition Law

1.7.1        Goals of Socialist & Mixed Economy

1.7.2        Rise of Globalization & Privatisation

18.       Raghavan Committee Report

1.8.1    Background of Raghavan Committee

1.8.2    Blue Print of Competition Policy

1.9       Formulation of Competition Policy

1.9.1    Defining Competition Policy

1.9.2    Elements of Competition Policy

1.10     Enactment of Competition Law

1.11     Monopoly & Competition Law

CHAPTER 2

2.1.1        Meaning of Competition Law

2.1.1        Evolution of Competition Law

2.1.2        Rise of Indian Competition Law

2.2       Comparative Competition Law

2.2.1    Adoption of U.S. Competition Law

2.2.2    Blue Printing Indian Competition Law

2.3       Competition Law in USA

2.3.1     Sherman Anti Trust Act, 1890

2.3.2        Judicial Interpretation of U.S.A. Law

2.4      Competition Law in the European Union

2.4.1     Treaty of Rome, 1957

2.4.2     European Community Treaty

2.5      Competition Law in Australia

2.5.1     Nature of Australian Competition Law

2.5.2     Trade Practices Act, 1974

2.5.3     Federal Competition & Consumer Act, 2010

2.6      Anti-Trust Agreement In Comparative Context

2.6.1     Nature of U.S. Anti Trust Law

Prohibition Agreements under English Competition Act, 1998

2.7       Indian Competition Law In Comparative Context

2.7.1    Contemporary Trends in Indian Competition Law

Compliance of WTO Normative Guideline

2.8       Competition Law in India

2.8.1    Background & Contextual Setting

2.8.2    Adoption of Anti Competitive Provisions

2.9       Salient Features of Competition Law

2.10     Competition Rules & Regulations

2.11     Assessment & Conclusion

CHAPTER 3

CONSUMER PROTECTION & COMPETITION LAW

3.1              Consumer & Competition Laws

3.2       Raghavan Committee Recommendation

3.3       Definition & Ambit of Consumer

3.3.1        Definition of Consumer

3.3.2        Ambit of Consumer

3.4              Emergence of Consumer Protection Law

3.4.1    ‘Caveat Emptor’ to ‘Caveat Vendittor’

3.4.2    Indian Consumer Movement

3.5       Enforcement of Consumer Protection Law

3.5.1    Passage of Consumer Law

3.5.2    Enforcement of Consumer Law

3.6       Constitutional Validity of Consumer Law

3.7       Objective of Consumer Law

3.7.1   Preamble of Consumer Law

3.7.2   Statement of Reasons

3.7.3   Object of the Act

3.8       Scope & Application of Consumer Law

3.8.1    Scope of the Act

3.8.2    Application of the Act

3.9       Comprehensiveness & Standing of Consumer Law

3 9.1    Comprehensiveness of Consumer Law

3 9.2    Standing of Consumer            Law

3.10     Consumer Amendment Laws

3.10.1  Special Features of the Consumer Amendment Act, 2002

3.10.2  Provision for transfer of cases and Circuit Benches

3.10.3  National Commission’s Power to Make Regulations

3.11    Raghavan Committee on Consumer & Competition

3.12    Consumer under MRTP Act & Consumer (Protection) Act

3.12.1  Definitional Ambit of Consumer

3.12.2  Comparison under Monopoly & Consumer Law

3.13     Consumer & Competition Laws Overlap

3.14     Enforcement of Consumer & Competition Laws

3.15     Convergence of Consumer & Competition Law

3.16     Conclusion and Assessment

CHAPTER 4

COMPETITION LAW IN INDIA

4.1      Monopolization & Competition

4.2      Goal Post of Competition Law

4.3      Objectives of Competition Law

Three-Fold Advantage of Competition Law

4.4       Anti-Competitive Agreements

4.4.1    Presumption of adverse effect on competition

4.4.2    Agreements which are Anti-Competitive

4.4.3    Appreciable Adverse Effect on Competition

4.5       Horizontal & Vertical Agreements

4.5.1    Anti-competitive Arrangement and Horizontal/ Vertical

4.5.2    Difference between Horizontal & Vertical Agreements

Differences between Horizontal Restraints and Vertical Restraints

4.6              Notions of Anti-Competitive Practices

4.6.1           Cartel

4.6.2           Bid Rigging

4.6.3           Appreciable Adverse Effect on Competition

4.6.4           Tie—In Arrangement

4.6.5           Competition & IPR

4.6.6           Rule of Reason

4.6.7           Role of Competition Commission

4.7              Abuse of Dominance

4.7.1           Meaning of‘Dominant Position’

4.7.2           Meaning of Abuse of Dominance

4.7.3           Definition by EC Treaty

4.8              Determinants of Dominance & Relevant Market

4.8.1           Meaning of Dominant Position

4.8.2           Concept of a Relevant Market

4.8.3           Notion of the “Relevant Product Market”

4.8.4           Role of Competition Commission

4.8.5           Ruling of Shamsher Kataria & SAIL

4.9              Regulation of Combinations

4.9.1           Scope of Section 5

4.9.2           Acquisition & Control

4.9.3           Merger & Amalgamation

4.9.4           Regulation of Combinations

4.9.5           Threshold of Assets

4.9.6           Procedure for investigation of combination

4.10           Dispute Resolution Mechanism

4.10.1       Competition Commission of India

4.10.2       Director General of Competition (DGC)

4.10.3       Competition Appellate Tribunal (COMPAT)

4.10.4       National Company Law Appellate Tribunal (NCLAT)

4.11           Working & Assessment of Law

CHAPTER 5

5.1              Nature of Competition Dispute Resolution

5.2              Judicial Response to Anti-Competitive Agreement

5.2.1          Scope of Section 3 of Competition Act, 2002

5.2.2          Varca Drug Case

5.2.3          Cement Manufacturer’s Association Case

5.2.4          LPG Cylinder Manufacturers Case

5.2.5          Multiplex Association Cases

5.2.6          Travel Agents Federation Case

5.2.7         Tyre Dealers’ Federation Case

5.2.8         MCX Stock Exchange Case

5.2.9         British Airways Case

5.3             Judicial Response to Abuse of Dominance

5.3.1         Prasar Bharti Case

5.3.2         Modi Xerox Case

5.3.3         Google India Case

5.3.4         DLF Limited Case

5.3.5         Schott Glass India Limited Case

5 4      Judicial Response to Combinations

5.4.1         Tata Steel & Corus Group Case

5.4.2         Etihad & Jet Airways Case

5.4.3         SCM Solifert Case

5 5      Contemporary Judicial Tends

5.5.1         Hyundai Motor India Limited Case

5.5.2         Express Industry Council Case

5.5.3         Matrimony Limited Case

5.5.4         All India Film Employee Confederation Case

5.5.5         Cricket Control Board Case

5.5.6         Cochin Port Trust Case

5.5.7         Western Coalfields Limited Case

5.6              Assessment & Working of Dispute Settlement

THE REPORT OF HIGH LEVEL COMMITTEE ON COMPETITION POLICY AND LAW (THE RAGHAVAN COMMITTEE)

Chapter I —Preamble

Chapter II—The Need for a Competition Policy

2.1              Introduction

2.2              The Policy Regime

2.3              Industrial Policy

2.4              Trade Policy

2.5              Economic Consequences of the Policy Regime

2.6              Changes in the Policy Regime

A.              Industrial Policy

B.          Trade and Commercial Policy

C.          Import Licensing and Tariffs

2.8               The Unfinished Agenda

Chapter III—Pre-requisites for a Competition Policy

Chapter IV—The Contours of Competition Policy

A.        Introduction and Scope

B.        Agreements among Enterprises

C.        Abuse of Dominance

D.        Mergers, Amalgamations, Acquisitions and Take-overs (Mergers for Short)

Chapter V—Anti-competition Practices Relevant under the WTO Regime and its Various Agreements

Chapter VI—Competition Commission of India

A.                 Investigation and Prosecution

B.                 Adjudication

C.                 Mergers Commission

Chapter VII—Relevance of the MRTP Act in a Competitive Milieu

A.        Amendment to MRTP Act or Enactment of a New Law

B.                 MRTP Act and Consumer Protection Act Overlap

Chapter VIII—Competition Policy and Professional Services

B No. 12 OF 2003

C (No. 2 of 2009)

Annexure

D CONTENTS OF THE APPLICATION

E COST OF PRODUCTION) REGULATIONS, 2009 [No. L-3 (5)/REG.-COST/2009-10/CCI, DATED 20-8-2009]

F COMPETITION APPELLATE TRIBUNAL (FORM AND FEE

FOR FILING AN APPEAL AND FEE FOR FILING COMPENSATION APPLICATIONS) RULES, 2009

Appeal

Amount of penalty imposed

Amount of fees payable

G (NOTIFICATION NO. 1-1/COMBINATION REGULATIONS/2011-12/CD/CCI, DATED 11-5-2011]

H [NO. R-4OOO7/REG-RECOVERY/NOTI/O4-CCI,DATED 8.2.2011]

I

1.               Introduction

2.               Competition, Competition Law, and Competition Policy What is competition?

What are competition law and competition policy?

Competition Policy, Competition Law & Competitiveness

3.               Need for Competition Policy

4.               Premise of Competition Policy

5.               Benefits of Competition Policy

6.               Objectives of National Competition Policy

7.               Competition Policy Principles Deviations from Principles of Competition Policy

8.               Government Initiatives General Government Initiatives State Government Initiatives Sub-State Authority Initiatives

9.               Oversight Measures

10.           Coordination between the Competition Commission of India & Sectoral Regulators

10.1    Introduction

10.2    Regulatory Regime in India

11.           Review of the NCP

12.           Conclusion

J

THE REGULATORY ENVIRONMENT FOR DOING BUSINESS IN INDIA

(M. DAMODARAN COMMITTEE REPORT), 2013

I.            Legal Reforms

II.          Regulatory Architecture

III.       Boosting Efficacy of Regulatory Process

IV.        Enabling MSMEs

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