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Turnover Tsunami: Why Global Turnover Penalties Sink Competition, Not Antitrust

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Aadithya J Nair & Ram Sreekumar, National University of Advanced Legal Studies, Kochi


ABSTRACT


This paper conducts an analysis of the recent amendment that has been incorporated into the competition act that allows for global turnover to be considered instead of relevant turnover for computing penalties. This paper reveals through doctrines, case study and an example as to why such a measure would do more harm than good and instead suggests reintroducing relevant turnover with an additional aspect.


Keywords: Competition Law, Doctrine of Proportionality, Relevant & Global Turnover, Vertical Integration.

Indian Journal of Law and Legal Research

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Abbreviation: IJLLR

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ISSN: 2582-8878

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Website: www.ijllr.com

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Accessibility: Open Access

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License: Creative Commons 4.0

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Submit Manuscript: Click here

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Licensing: ​

 

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.

 

Disclaimer:

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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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