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Tracing Competition Law: A Historical Backdrop To India

Saniya Khanna, Symbiosis Law School, Noida , Symbiosis International (Deemed University), Pune


India- liberalised and globalised economy. The advent of globalisation led to a paradigm shift in the Indian market leading to shift in the role of the Indian government from the protector to the promoter of competition in India. The policy change caused several hardships and introduced the Indian market to the world thereby the moot issue became whether to protect or not the Indian industries by regulating the competition- the economic markets. The Competition Law and its policy possess the ability to impact the development of the country. Furthermore, for developing economies, the economy is vital as thereby the need to protect domestic industries while engaging in global competition for development demands the regulation of the marketplace. Thereby, the regulation of it becomes important as competition itself can be a detriment and socialism and capitalism are two sides of the same coin.

This article based on secondary sources including books, journals and committee report discusses the transition of the competition Law in India .It discusses the need for the enforcement of the present Act of 2002 in light of the historical event of the nation. The article seeks to shed light on the transition of competition law in India post colonisation while reaffirming the need to regulate the competition in the marketplace.

Keywords: India, Socialism, Competition Law, MRTP Act and Economy.


Indian Journal of Law and Legal Research

Abbreviation: IJLLR

ISSN: 2582-8878


Accessibility: Open Access

License: Creative Commons 4.0

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​All research articles published in The Indian Journal of Law and Legal Research are fully open access. i.e. immediately freely available to read, download and share. Articles are published under the terms of a Creative Commons license which permits use, distribution and reproduction in any medium, provided the original work is properly cited.


The opinions expressed in this publication are those of the authors. They do not purport to reflect the opinions or views of the IJLLR or its members. The designations employed in this publication and the presentation of material therein do not imply the expression of any opinion whatsoever on the part of the IJLLR.

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