Competition Act, 2002: A Review - Puri, Vaibhav
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Competition operates simultaneously in all economic scenarios. This has been recognized world over and economies have formulated laws for dealing with the issue. In this respect, India has been a late entrant. The issue has been dealt with the Competition Act of 2002 which is exemplary in this regard. The Act provides for explanations for different significant operational scenarios and outlines legalities for the same. It has been amended since 2007 and the current Amendment is proposed in the Competition (Amendment) Bill of 2012.

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Produktbeschreibung
Competition operates simultaneously in all economic scenarios. This has been recognized world over and economies have formulated laws for dealing with the issue. In this respect, India has been a late entrant. The issue has been dealt with the Competition Act of 2002 which is exemplary in this regard. The Act provides for explanations for different significant operational scenarios and outlines legalities for the same. It has been amended since 2007 and the current Amendment is proposed in the Competition (Amendment) Bill of 2012.
Autorenporträt
Vaibhav Puri is Assistant Professor (on ad-hoc basis) at Sri Guru Gobind Singh College of Commerce, University of Delhi. With an interest in teaching and research in economics, the author's aim is to contribute to the discipline.