The major concern of Competition Act is to deal with anti-competitive agreements, abuse of dominant position, combination and regulation of combination. Few of these are discussed below with their specific provisions:- • Anti- Competitive Agreements:- Section 3 of the competition act deals with the anti-competitive agreements. This section also defines it. It prohibits entering into any agreement which may have an adverse effect on the competition within India. This makes them void and in contravention
THE LINK; INDIAN AND GLOBAL SCENARIO The roots of Indian law on Competition can be traced back to Articles 38 and 39 of the Constitution which lay down the duty of the State to promote the welfare of the people by securing and protecting a social order in which social, political and economic justice is prevalent and its further duty to distribute the ownership and control of material resources of the community to best serve the common good, in addition to ensuring that the economic system does not
raise prices.” While doing business in India, parties are prohibited from executing anti-competitive agreements. Generally, the agreements which cause or are likely to cause appreciable adverse effect on competition (“AAEC”) are anti-competitive agreements. However, the Competition Act, 2002 (“Act”) recognizes intellectual property rights and to facilitate their protection, the Act permits reasonable restrictions imposed by their owners. Similarly, the Act exempts agreements between exporters as
development relating to competition law and a new law which may reduce monopolies and promote competition , is required. After 1990s India witnessed a drastic increase in international trade law. During this period there was great increase in the volume and value of trade in goods and services, in cross border merger and acquisition (M&E) and in foreign and direct investment. By passing of time restriction on foreign direct investment (FDI) were reduced. however Competition Act has come into force to
pring. Canada has system of fixing pricing of patented drugs. India fix the prices of prescription drugs on the basis of cost of the drug. Cost is the main phemomena iin the pricing policies of the drugs. Pricing is important aspect of competition law also. But competition commission is not a price control agency. However price based anti-competitive practices are important area in competition law. DRUG REGULATORY REGIME IN INDIA Indian drug regulatory regime is devided in two branches. Drug
SEBI was established under the Securities and Exchange Board of India Act, 1992. Its jurisdiction is specifically related to the securities market. Its objective is to protect the interests of investors in securities and to regulate and promote the development of the securities market. Further, under the Section 32 of the Act provides that the act shall be applicable in addition to any other law in force at a particular time which implies that the powers of SEBI co-exist with and cannot over-ride
Disney Theme Park to India Abstract: This report is aim to analyze profitable adventure of The Walt Disney Company to set up Disneyland theme park in India. As one of main emerging markets in Asia, India might be the next destination for The Walt Disney Company to target on. Therefore, this report uses a series of marketing tools to demonstrate the macro-environment and micro-environment in India, such as PESTEL, SWOT, Porter’s Five Forces Model and Self Referencing Criteria. Based on this analysis
blurtit.com/q200168.html Disney Theme Park to India Disney Theme Park to India Abstract: This report is aim to analyze profitable adventure of The Walt Disney Company to set up Disneyland theme park in India. As one of main emerging markets in Asia, India might be the next destination for The Walt Disney Company to target on. Therefore, this report uses a series of marketing tools to demonstrate the macro-environment and micro-environment in India, such as PESTEL, SWOT, Porter’s Five Forces
1. Introduction India and South Africa are members of the five major emerging economies. They are both developing countries however, they are well distinguished for their large democracy, fast-growing economies and significant influence on regional and global affairs. This report aims to comparatively analyse whether India or South Africa is in a better position to succeed in the global economy. For the purposes of this report, I will be comparing and analysing each country’s political and economic
INTRODUCTION:- November 20, 2013 was a historic day for the Indian aviation industry after Jet Airways (India) Limited (“Jet” or “Target”) and Etihad Airways PJSC (“Etihad”) concluded about much talked issue of about US$ 379 million investment by Etihad to acquire a 24% stake in Jet (“Deal”). In addition to the equity investment, Etihad also agreed to infuse US$ 150 million into JetPrivilege, the frequent flyer program of Jet, to be managed by its subsidiary, Jet Privilege Private Limited and