Introduction: The Central government, by notification in the official gazette, has appointed a Commission for the purpose of this act, which is known as Competition Commission of India. The Competition Commission of India is an organization with the perpetual succession and common seal and shall have the powers which may be specified in the act.…
FACTS OF THE CASE It was alleged by the Informant in this case that Hindalco Industries Limited and Vedanta Limited by forming a cartel were determining prices of certain copper products in India, sharing the market of certain copper products by way of allocation of customers and engaging in bid rigging which is in violation…
Introduction: The Monopolies and Restrictive Trade Practices Act (MRTP) 1969 is repealed with the enactment of the competition Act, 2002. On the dissolution of the Monopolies and Restrictive Trade Practices commission, the person appointed as a chairman of MRTP commission and every other member appointed and Direct General of MRTP commission, other employees including Additional,…
The industrial court can cancel one’s recognition at any time under such circumstances. If by any means the Industrial court has recognised any union out of mistake or accidently or have misrepresented or that union has committed any fraud. Even if any previous union in that industry is already recognised then under all these circumstances…
Many countries have enacted their own competition laws in order to prevent anti-competitive behavior and unfair trade practices. The competition law is primarily concerned with preventing specific market activities that harm businesses, customers, or both, as well as curbing market behaviors that violate market ethics. The Competition Act, 2002 was created in India to maintain…
We used to talk about a lot of things, and very few times it was related to the study. We even made a special WhatsApp group for our close friends. We used to do some really interesting chats there. Many of the boys from that group started flirting with girls, and many tried flirting with…
PATENT ANTI-TRUST PARADOX While the patent and antitrust processes both aim to improve the general wellbeing of society, they continue down separate lines. It is the right of exclusion which underlie the patent system. In view of the public benefit nature of the proprietary and non-rival, patented inventions, at least technically, such rewards are necessary.…
