Expertise
Competition Law
The Chambers provides specialized services in competition law and antitrust matters before the Competition Commission of India (CCI). We have represented clients in anti-competitive practice investigations relating to cartel formations and bid rigging. Our competition practice also extends to abuse of dominance matters before the CCI.
Apart from CCI proceedings, we also represent clients in appeals before the National Company Law Appellate Tribunal.
Reported Judgments
Competition Commission of India2019 SCC OnLine CCI 7
Madhya Pradesh Chemists and Distributors Federation v. MPCDA
The Commission found a contravention of Competition Act vide its order passed under Section 27 regarding issuance of NOCs by drug associations.
Common Questions
What is competition?
Competition in Indian markets is the mechanism to ensure the common person has access to the broadest range of goods and services at the most competitive prices, fostering innovation and a level playing field for producers (About CCI - Competition Commission of India). Last verified: June 2024.
Why is Competition Law important for the economy?
Competition Law is crucial as it prevents anti-competitive practices, such as the abuse of dominance, to ensure that markets reward merit, promote innovation, and protect the interests and welfare of consumers in India (The Competition Act, 2002, Preamble).
What is the objective of the Competition Act, 2002?
The objective is to establish a commission to prevent practices causing adverse effects on competition, promote and sustain competition in markets, protect consumer interests, and ensure freedom of trade in India (The Competition Act, 2002, Section 18).
What is the role of the Competition Commission of India (CCI)?
The CCI's role is to prevent practices that harm competition, promote and sustain competition in markets, protect consumer interests, and ensure freedom of trade in India by enforcing the prohibitions on anti-competitive agreements, abuse of dominant position, and regulating certain combinations (The Competition Act, 2002, Preamble).
Who does Competition Law apply to?
Indian Competition Law primarily applies to "undertakings," which includes individuals, companies, firms, associations of persons, and government departments engaged in production, supply, distribution, acquisition, or control of goods or services. It also applies to any acquisition or merger by foreign companies intending to enter India (Competition Act, 2002).