Go Back   ManagementParadise.com | Management & Business Education Learning Platform Resolve Your Query - Get Help and discuss Projects > Business and Industrial LAW

COMPETITION ACT,

Discuss COMPETITION ACT, within the Business and Industrial LAW forums, part of the Resolve Your Query - Get Help and discuss Projects category; DOES ANYONE HAS NOTES OR PROJECT ON COMPETITION ACT,1985 Advertisements...

Reply

 

Thread Tools Display Modes
COMPETITION ACT,
Old
 (1 (permalink))
JOHN
JOHN is an unknown quantity at this point
 
JOHN
Status: Offline
Posts: 2
Join Date: Sep 2006
COMPETITION ACT, - September 30th, 2006

DOES ANYONE HAS NOTES OR PROJECT ON COMPETITION ACT,1985
Advertisements

Friends: (0)
Reply With Quote
The Following User Says Thank You to For This Useful Post:
Re: COMPETITION ACT,
Old
 (2 (permalink))
nikitagolecha
nikitagolecha is an unknown quantity at this point
 
nikitagolecha
Status: Offline
Posts: 10
Join Date: Oct 2006
Re: COMPETITION ACT, - June 24th, 2007

hey i din know there was a act like this
Friends: (0)
Reply With Quote
Re: COMPETITION ACT,
Old
 (3 (permalink))
Ankit Gokani
ankitgokani has a reputation beyond reputeankitgokani has a reputation beyond reputeankitgokani has a reputation beyond reputeankitgokani has a reputation beyond reputeankitgokani has a reputation beyond reputeankitgokani has a reputation beyond reputeankitgokani has a reputation beyond reputeankitgokani has a reputation beyond reputeankitgokani has a reputation beyond reputeankitgokani has a reputation beyond reputeankitgokani has a reputation beyond repute
 
ankitgokani
Student of BMS at V E S INSTITUTE OF MANAGEMENT
Mumbai, Maharashtra
Management Paradise Guru
 
Status: Offline
Posts: 2,698
Join Date: Jul 2006
Location: Mumbai, Maharashtra
Age: 32
Re: COMPETITION ACT, - September 25th, 2008

well here are some of the links abt the act which u have mentioned quite new act never heard of before

Competition Act, 2002 And Its Relevance - Author - Surabhi Singhi


Ankit Gokani

All of u plz read dis first

To view links or images in signatures your post count must be 0 or greater. You currently have 0 posts.


Disscusion

To view links or images in signatures your post count must be 0 or greater. You currently have 0 posts.


Press Thanks if u like my post
Friends: (19)
Reply With Quote
The Following User Says Thank You to For This Useful Post:
Re: COMPETITION ACT,
Old
 (4 (permalink))
Cityboy Maulik
CITYBOY is on a distinguished road
 
CITYBOY
Student of PGDM at NIRMA
Ahmedabad, Gujarat
Management Paradise Newbie
 
Institute: NIRMA
Status: Offline
Posts: 105
Join Date: Oct 2008
Location: Ahmedabad, Gujarat
Re: COMPETITION ACT, - October 21st, 2008

thanks yar as searching 4 it. thanks bro///////////
Friends: (0)
Reply With Quote
Re: COMPETITION ACT,
Old
 (5 (permalink))
arva
arva is an unknown quantity at this point
 
arva
 
Institute: NA
Status: Offline
Posts: 11
Join Date: Oct 2008
Re: COMPETITION ACT, - November 11th, 2008

Dear John,

Background of the Competition Act, 2002.
  1. Predecessor of this act was “Monopolies and Restrictive Trade Practices Act, 1969 (MRTP Act).
  2. MRTP Act dealt with the concept of monopolistic and restrictive trade practices and subsequently dealt with unfair trade practices.
  3. Current scenario, a need was felt for framing the policies and regulations, which were restricting competition.
  4. Hence in October 1999 government of India appointed a high level committee known as “RAGHVAN COMMITTEE”
  5. Committee presented it’s report in May 2000 & based on this report draft was presented to government in November, 2000.
  6. This act was enacted by Parliament in 53rd year of Republic of India & was passed in December, 2002 – namely called as “COMPETTITION ACT 2002”.

Important Definition wrt to the act -

ACQUISITION – Sec 2 (a) - It means, directly or indirectly, acquiring or agreeing to acquire –

Shares, voting rights or assets of any enterprise or

Control over management or control over assets of any enterprise.

AGREEMENT – Sec 2(b) - Agreement includes any arrangement, understanding or action in concert –

Whether or not, such arrangement , understanding or action is formal or in writing; or

Whether or not, such arrangement , understanding or action is intended to be enforceable by legal proceedings.

CARTEL – Sec 2(c) - Cartel includes an association of –
Producers, Sellers, Distributors, Traders or Service providers
who by agreement amongst themselves, limit, control or attempt to control the production, sale or price of or trade in goods or provision of services.

CONSUMER – Sec2(f) - "consumer" means any person who –

(i) buys any goods for a consideration which has been paid or promised or partly paid and partly promised, or under any system of deferred payment and includes any user of such goods other than the person who buys such goods for consideration paid or promised or partly paid or partly promised, or under any system of deferred payment when such use is made with the approval of such person, whether such purchase of goods is for resale or for any commercial purpose or for personal use;

ii) hires or avails of any services for a consideration which has been paid or promised or partly paid and partly promised, or under any system of deferred payment and includes any beneficiary of such services other than the person who hires or avails of the services for consideration paid or promised, or partly paid and partly promised, or under any system of deferred payment, when such services are availed of with the approval of the first-mentioned person whether such hiring or availing of services is for any commercial purpose or for personal use;

Role of Competition Law and Policy -
Both Competition Law and Policy have roles in maintaining free & fare competition:

Competition Policy – set of market based policies that enhance competition, facilitate entry and exit, reduce administrative controls, minimize regulations etc. Increasing number of countries migrating to competition oriented policies.
Competition Law – a law to prohibit and penalize anti competitive practice by enterprises and regulate potentially anti-competitive mergers.
Could also provide for Competition Advocacy.

Competition Act, 2002 - Objective

Objective in preamble - “ for the establishment of a commission to”:
  1. Eliminate practices having adverse effect on competition.
  2. Promote & sustain competition.
  3. Protect interests of consumers.
  4. Ensure
freedom of trade carried on by other participants in markets in India

MAIN FEATURES:- Four Compartment
  1. Prohibits Anti-Competitive Agreements - sec 3
  2. Prohibits Abuse of Dominant Position - sec 4
  3. Provides regulation of combinations - sec 5, 6
  4. Enjoins Competition Advocacy - sec 49

This is what am aware of....will keep you posted further on this...


Regards,
Arva
"It's better to be defeated on Principles than to win on lies."
Friends: (0)
Reply With Quote
Re: COMPETITION ACT,
Old
 (6 (permalink))
arva
arva is an unknown quantity at this point
 
arva
 
Institute: NA
Status: Offline
Posts: 11
Join Date: Oct 2008
Re: COMPETITION ACT, - November 11th, 2008

Quote:
Originally Posted by JOHN View Post
DOES ANYONE HAS NOTES OR PROJECT ON COMPETITION ACT,1985

Also for your reference am attaching the bare act.
Attached Files
File Type: pdf Bare Act of Competition Act 2002 - Amendement 2007.pdf (1.29 MB, 52 views)


Regards,
Arva
"It's better to be defeated on Principles than to win on lies."
Friends: (0)
Reply With Quote
Re: COMPETITION ACT,
Old
 (7 (permalink))
adi_dalvi
adi_dalvi is an unknown quantity at this point
 
adi_dalvi
 
Status: Offline
Posts: 1
Join Date: Jan 2010
Thumbs up Re: COMPETITION ACT, - January 24th, 2010

thanks for the informatrion and it was very use full data as well,,,,,,,,,,,,,,
Attached Files
File Type: docx What Is Behavioural Finance.docx (20.5 KB, 4 views)
Friends: (0)
Reply With Quote
Re: COMPETITION ACT,
Old
 (8 (permalink))
Rose Marry
rosemarry2 is an unknown quantity at this point
 
rosemarry2
Management Paradise Guru
Status: Offline
Posts: 2,125
Join Date: Apr 2016
Re: COMPETITION ACT, - April 22nd, 2016

Quote:
Originally Posted by JOHN View Post
DOES ANYONE HAS NOTES OR PROJECT ON COMPETITION ACT,1985
Hey Friend,

Please check attachment for Study Notes on The Competition ACT, 2002, so please download and check it.
Attached Files
File Type: pdf Study Notes on The Competition ACT, 2002.pdf (843.2 KB, 1 views)
Friends: (0)
Reply With Quote
Reply

Bookmarks

Tags
act, competition, competition act
Related to COMPETITION ACT,
 

Similar Threads

Thread Thread Starter Forum Replies Last Post
Project on Competition Laws Supriya Cheru PUBLISH / UPLOAD PROJECT OR DOWNLOAD REFERENCE PROJECT 1 February 16th, 2016 12:14 PM
Payment of wages act 1936 & minimum wages act 1948 Navdeep Golecha LAW 2 September 30th, 2010 10:26 PM
Business & Competition: How To Beat Your Competition At Their Own Game Roshni Bhatia Articles !! 0 March 26th, 2007 01:02 AM
framework for analysing competition hirenmba PUBLISH / UPLOAD PROJECT OR DOWNLOAD REFERENCE PROJECT 0 March 10th, 2007 12:44 PM
Determinants of Cellular Competition in Asia bonddonraj Premium Project Reports 0 July 26th, 2006 10:00 PM
 


Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Trackbacks are On
Pingbacks are On
Refbacks are Off


ManagementParadise.com is not responsible for the views and opinion of the posters. The posters and only posters shall be liable for any copyright infringement.



Search Engine Optimization by vBSEO ©2011, Crawlability, Inc.