Shaping India's Competition Law: International Cooperation And Dominance Perception
- IJLLR Journal
- Aug 18, 2023
- 1 min read
Dhruv Tiwari, Campus Law Centre, University of Delhi Rishika Jaiswal, Campus Law Centre, University of Delhi
ABSTRACT
By drawing insights from established global regimes, this paper emphasises the significance of international cooperation in shaping India's competition law. It explores the concept of dominant position and its implications for anti-competitive practices across different jurisdictions, with a specific focus on the United States, the United Kingdom, and India. The article also highlights the legal frameworks and enforcement mechanisms in each country, examining how they address the challenges posed by abuse of dominance.
India's relatively young competition law has assimilated international experiences to address the challenges of its dynamic and globalised economy. The article dissects the essential aspects of a dominant position, underscoring its ability to grant firms independence from competition and influence competitors and consumers. Throughout the article, the importance of international cooperation is highlighted, as the CCI collaborates with counterparts from different countries, fostering the adoption of common approaches to cross-border competition law issues, ultimately benefiting consumers and promoting fair business practices.
In conclusion, the article underscores the impact of global perspectives on India's competition law while incorporating international insights and cooperation. India demonstrates its commitment to aligning its competition regime with global standards while addressing unique domestic market challenges.
Keywords: competition, enforcement, practices, dominant, cooperation, countries