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Competition Act, 2002 of India

Competition Act, 2002 of India

Ratings: (0)|Views: 1,927|Likes:
Published by Shanil Mall
PPT on competition act 2002 of india with example cases
PPT on competition act 2002 of india with example cases

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Categories:Types, Research
Published by: Shanil Mall on Feb 16, 2011
Copyright:Attribution Non-commercial

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05/15/2013

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Competition Act, 2002
-MRTP Act, 1969-In view of Globalization Government removedcontrols and resorted to the policy of liberalization.-The focus was shifted from curbing monopolies topromoting competition.-Policies and requirement of Legal enactment wasfelt to face competition from within and outside thecountry.
 
COMPETITION -
Promotes Efficiency;-Encourages Innovation;-Punishes Laggards;-Facilitates Better Governance;-Boosts Choice, Improves Quality, Reduces Cost;-Ensures Availability of Goods in Abundance of acceptablequality at affordable price
.
 
U
NIQ 
U
E FEAT
UR
ES OF COMPETITION
W
eteachandpreachcompetitionbutinvariablydonotpractice
Competitiondoesnothaveahumanface
Competitionkillscompetition
Competitionisunstable
Naturehascreatedmonopolies

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