chapter  4
38 Pages

Evolution of competition policy and law in India

ByS . CHAKRAVARTHY

This chapter addresses the evolution of competition policy and law in India, tracing the economic scenario in India before and after the 1991 reforms, the extant competition law in the country, the Monopolies and Restrictive Trade Practices Act, 1969 (briefly referred to as the MRTP Act) and the evolution of the new competition law, the Competition Act, 2002 (amended in September 2007 and briefly referred to as the Act).