Author: Pradeep S Mehta
Editor(s): Pradeep S Mehta
Publisher: Academic Foundation
ISBN/UPC (if available): 8171884490
Towards a Functional Competition Policy for India comes at a time when the country is poised to implement a new Competition Law, whilst there is a lack of understanding of the nature, and extent of prevalence, of different types of anti-competitive practices. The study helps in getting a better understanding of the competition and economic regulation scenario in India.
Contrary to popular perception, the study does not treat Competition Policy as just adoption and implementation of a competition law, but looks at it as a broader policy framework where competition is encouraged as a market process to generate competitive outcomes. Accordingly, the report comprises 22 chapters, giving comprehensive treatment to competition policy in India, covering both systemic as well as sectoral issues.
The study tracks the evolution of Competition Policy and Law in India; discusses the interface of Competition Policy with government Policies (at the Federal as well as State level), and Consumer Welfare; and identifies competition and economic regulation issues in agriculture, manufacturing, and services.
Towards a Functional Competition Policy for India is the result of the effort put in by top experts in the country. The study will be useful to all those who are interested in economic policies, in general, and competition policy, in particular.
There could not be a more appropriate time for this volume to be published. As a matter of fact I am not aware of any other study that has given such a comprehensive treatment to the issue of competition policy in India. It is a path breaking project, the government at the centre has made competition a serious policy issue, therefore one hopes that the policymakers will take this volume as seriously as it deserves.
-Vijay L Kelkar