Legal Services India - Law Articles is a Treasure House of Legal Knowledge and information, the law resources is an ever growing database of authentic legal information.

» Home
Thursday, November 21, 2024

Emergence Of Competition Law

Wed, Aug 30, 23, 13:54, 1 Year ago
star star star star star
4 out of 5 with 7 ratings
comments: 0 - hits: 639
COMPARATIVE ANALYSIS OF SECTOR REGULATORS AND COMPETITION LAW

COMPARATIVE ANALYSIS OF SECTOR REGULATORS AND COMPETITION LAW  -  A.JONAH ELISA SHINY 

COMPETITION AUTHORITIES : skills necessary for delineating relevant markets, assessing likelihood of harm to competition, entry conditions and market power.

SECTOR REGULATORS : To ensure reasonable tariffs ,third party access ,service standards etc, and to promote competition in the regulated sector, particularly addressing entry barriers and access issues.

_Q7ySwWT7Az16S0T4G1_V-p1FLp9le9dIuejoLWL7PR7uMAw2U2F10JthIBbGawrnM6Jq-kQsDPGG9ArD6GoNSBRQNmEehjpUogZjb4zStLkeYbzjtyNq22t4UWX-kJhi8hgwMOTuhALc7ajSyHfJAU

 

AREAS OF CONFLICT

Licensing Conditions-Dominance-Monopoly pricing

Restrictive Business Practices -Merger control

INCEPTION OF SECTOR REGULATOR:

1.Monnet Sugar Limited V Union of India

2.Reliance Airport Developers Pvt. Ltd V Airports Authority Of India

INCEPTION OF  COMPETITION LAW:

ØCompetition  commission of India (CCI)

ØCompetition Appellate Tribunal (CAT)

ØSection 18,21,60 and 62 of the Competition Act,2002 –Essence of Interface between competition authority and sector specific regulators in India.

 

TYPES OF REGULATION AND COMPETITION

Economic – Technical-Social-Administrative Regulation

CONFLICT BETWEEN CCI AND SECTOR REGULATORS CAUSED BY:

Legislative Ambiguity - Jurisdictional overlap - legislative omission. Interpretational bias involved could further aggravate the conflicts. Conflicts between two may be generated by the market players and legal arbitrators  for obvious reasons.

INTERNATIONALEXPERIENCE-Namibia, E.U, U. S. A, Australia

Concurrent Jurisdiction: U.K-Netherlands-Namibia.

Cooperation and Co-ordination: Jamaica-Singapore ,India.

INDIA has the cooperative and co-ordination approach in competition Act, 2002

Section 21: Reference by Statute.

Section 21 A: Reference by Commission.

Section 49 :Competition Advocacy.

 

INDIAN PERSPECTIVE- A LESSON FOR INDIA 

India needs  to do the same in terms of tailoring the best  approach that suits its needs:

a)Clarifying Jurisdictional Roles.

b) Designing a Mandatory cooperative framework.

THREE BROAD OPTIONS AVAILABLE FOR DIVIDING THE TASK

1.The sector regulator supplants the competition Authority.

2.The competition Authority replaces the sector regulator.

3.The competition Authority and sector regulator exists.

1. To create a system to ensure cooperation between CCI and other Sector Regulations.

2. Both CCI and Sector regulator have their  areas of expertise and both cannot replace each other.

3.  A formal mechanism for coordination between CCI and The sector regulators is of key importance.


 

Comments

There are no comments for this article.
Only authorized users can leave comments. Please sign in first, or register a free account.
Share
Sponsor
About Author
A.J.E.SHINY
Member since Jun 17, 2021
Location: Chennai
Following
User not following anyone yet.
You might also like
In commercial and business sense the word Franchise means a permission granted by a manufacturer to a distributor or retailer to sell its products within a specified territory
The Sanskrit saying Atithi Devo Bhava means- the one who comes to you for being served, should be taken to be as God, is considered as the highest order of responsibility,
The owner. of a land with a view to get construction made of a multistoried building on the land may invite tenders from one or more contractors.
Money Laundering is a method of legitimizing the illegally earned money so as to avoid being caught while carrying on illegal activities and avoid taxes. It involves three stages.
The inclination towards working together to do business and attain other commercial objectives has a long history. Partnership and companies has been the main mechanisms to achieve these goals.
Registrars of Companies (ROC) appointed under Section 609 of the Companies Act covering the various States and Union Territories, are vested with the primary duty of registering companies
Imposed a cost of Rs 50,000 on Vibgyor Texotech Ltd for filing multiple proceedings before different forums on similar grounds, thereby, abusing the process of law.
Dharani Sugars and Chemicals Ltd case struck down the controversial circular issued by the RBI, directing banks to initiate insolvency proceedings against companies having bad debts of Rs 2000 crores or above.
The legal process outsourcing business is stretching across boundaries due to upgraded technology and seamless communication channels. The internet and universal acceptance of English language have made it possible. Besides, there are cost, time and efficiency benefits that amplify for its requirement.
There had been several instances of economic offenders fleeing the Jurisdiction of Indian courts anticipating the commencement of criminal proceedings or sometimes during the pendency of such proceedings.
One Stop destination for Publication in Online law Certificate Courses, Books and high quality Indian Journal of law on research and Online legal Courses subjects
an LLP is an alternate corporate buisness
A brawny banking sector is essential for a proliferate economy. In 2007, Where the United State and other Western Countries were facing the banking crisis and related global financial crisis, but the Indian economy was not affected
The E-Commerce (Regulation) Bill, 2019 is for protection of rights of consumers against marketing of products and services through e-commerce and for matters connected therewith or incidental thereto.
The non-residents of India have a great option of investing in dividend mutual funds for perpetual income. This investment alternative credits undisturbed income in their account. If there seems any delay upon the declaration of the profit of the underlying company, the financial institution provides interest on.
Shailendra Swarup vs The Deputy Director, Enforcement Directorate that the liability to be proceeded with for offence under Section 68 of the FERA, 1973 depends on the role one plays in the affairs of the company and not on mere designation or status.
Abhishek Kumar Singh v/s Himachal Pradesh that even accused has a right to live with dignity. It also made it very clear that begging or pestering before someone to stand as a surety comes at the cost of pride and so the Courts while granting bail should give a choice to the accused to either furnish surety bonds or give a cash deposit.
Dilip Singh vs Madhya Pradesh a criminal court exercising jurisdiction to grant bail/anticipatory bail, it is not expected to act as a recovery agent to realize the dues of the complainant
Mr Vassudev Madkaikar vs. Goa the Goa State Cooperative Bank Ltd. is not a 'State' nor does it fall within the ambit of 'any other authority' for the purposes of Article 12.
This paper looks at the roles, duties and rights of a RP in insolvency proceedings in brief.
Drafting a legal documents needs a guide to improve for bringing comprehensibility and readability, which includes careful editing & organized structure etc..
This article delves into the essar steel judgement of 2019 to analyse how the court gave a decision based on business logic and legal analysis of how the role of the commitee of creditors is most important and must be upheld. The court gave a clear analysis of how equity and equality is different when it comes creditors.
The confusion regarding whether an acceptance can be done on mere silence basis is unclear under the Indian contract law. Therefore, it is subjected to deliberation which the research will try to further pertain on.
Contract of indemnity may sound very similar to a contract of insurance to a layman and therefore allows for anomalies in perception, resulting in confusion, which the study will attempt to expand on.
Telangana High Court has issued practice directions to Magistrates and Trial Courts having jurisdiction to try offences under the Negotiable Instruments Act pursuant to the directions issued by the Supreme Court
Sarvesh Bisaria vs Anand Nirog Dham Hospital Pvt Ltd that if the Metropolitan Magistrate takes cognizance of an offence under Section 138 of the Negotiable Instrument Act, 1881, it is not that a decree against the respondent defendant will follow automatically.
Secretarial Audit and Secretarial Compliance Certificate form an integral part of Companies (Amendment) Act of 2020. This article is an attempt to give an overview of the same.
This Article analysis a companies situation pre and post merger deals. It discusses whether or not mergers and acquisitions create sustainable value for shareholders.
Sripati Singh (D) Through His Son Gaurav Singh vs Jharkhand that the dishonour of cheque issued as a security can also attract offence under Section 138 of the Negotiable Instruments Act.
Dr Subramanium Swamy vs UOI that the bidding process for disinvestment of then national airline, Air India, was not rigged in favour of the Tata Group.
Pradeep Kumar v/s Post Master General that once it is established that fraud or any wrongful act was perpetrated by an employee of a post office during the course of their employment, the post office would be vicariously liable for the wrongful act of such employee.
Mohammad Usman vs UP that sentencing is just a way to recover the arrears and is not a mode to discharge the liability. In this case, the OP2 wife had filed an application under Section 125 CrPC and an ex parte order was granted in her favour
Gopala Krishna Mootha vs NCT of Delhi before making a person vicariously liable for offences committed by a company under Section 138 of the Negotiable Instruments Act, 1881.
Ibrat Faizan vs Omaxe Buildhome Private Limited that an order passed by the National Consumer Disputes Redressal Commission (NCDRC) in appeal under Section 58(1)(a)(iii) of the Consumer Protection Act 2019 can be challenged in a writ petition filed before a High Court under Article 227 of the Constitution.
HDFC Bank Ltd Mawlai Nonglum Branch v Sri Baklai Siej that for an offence under Section 138 of the Negotiable Instruments Act to be made out, the dishonoured cheque must have been issued by the account holder under his name and signature.
State Bank of India Anantnag Vs GM Jamsheed Dar that there is no need to obtain the previous sanction to prosecute bank officials in connection with offences under IPC/RPC.
Amazon.com NV Investment Holdings LLC v Competition Commission of India has decisively upheld the order passed by the Competition Commission of India (CCI) whereby Amazon was directed to pay Rs 200 crores penalty under Section 43A of the Competition Act, 2002.
The termination of the agreement by Vishakhapatnam Port Authority shall not be treated as disqualification of Adani Port to participate in future tenders floated by public bodies.
Tabasum Mir Vs Union of India that money stashed abroad by evading tax could be used in ways which could threaten national security.
Bank of India vs Magnifico Minerals Private Limited that nationalized banks should be made conscious of the fact that their negligence causes a great deal of loss to the public.
A Nidhi company has to inform more about its disclosers and changes in its control through mergers or acquisitions.
Upon startup registration, the biggest challenge is to avail seed funding. It’s an investment by angel investors, venture capitalists, and government agencies to support new companies with funds. It is availed at the time of ideation and initialization of this company.
Yogesh Upadhyay vs Atlanta Limited that: Notwithstanding the non obstante clause in Section 142(1) of the NI Act, the power of this Court to transfer criminal cases under Section 406 Cr.P.C.
Starting a new business requires a lot of hard work, dedication, and perseverance. Entrepreneurs must be prepared to face these challenges head-on and work to overcome them in order to build a successful business.
Reema Arora v/s Department of Agriculture The Court quashed the criminal complaint that was filed under the Essential Commodities Act, 1955
Yusuf Malik vs UOI that the Supreme Court while taking potshots at the UP Government’s decision termed it as shocking and unsustainable the invocation of NSA in a revenue recovery case which was totally uncalled for.
The stock market is part of the financial market where money is collected from surplus unit and lend to deficit unit.Here lenders are the investors and borrowers are the government and the companies. Companies uses securities to raise capital in public and private markets. Securities can be classified into two types : (a)Equity (b)Debt
Bloomberg Television Production Services India Private Limited and others vs Zee Entertainment Enterprises Limited urged the Trial Courts to be cautious while granting pre-trial injunctions against the publication of media articles and journalistic pieces in defamation suits.
The FTAs between UK-India and EU-India may allow India integrate with the global value chain of trade which is dominant, and the UK and the EU may find themselves accessing the single largest and fast-growing market along with one of the foremost manufacturing hubs
Top