The Competition Act, 2002: A Comprehensive Analysis
- IJLLR Journal
- Jan 27
- 1 min read
Procheto Dasgupta, B.Com. LL.B. (H), Xavier Law School, St. Xavier’s University, Kolkata
ABSTRACT
The Competition Act, 2002, was enacted to promote fair competition, protect consumer interests, and prevent anti-competitive practices in India. Replacing the Monopolies and Restrictive Trade Practices Act, 1969 (MRTP Act), the Act addressed the growing complexities of a liberalized economy. This paper explores the Act's origins, emphasizing the pivotal role of the Raghavan Committee, its objectives, provisions, and enforcement mechanisms. It provides a comprehensive analysis of notable cases that shaped Indian competition law, including Google India, DLF Limited, and the Automobile Manufacturers case. It concludes with a discussion on the challenges and future directions for competition regulation in India.