CRITICAL ANALYSIS OF COMPETITION LAW IN INDIA

Author Name: Dr. Pushplata Dangi

Volume/Issue: 04/01

Country: India

DOI NO.: 08.2020-25662434 DOI Link: https://doi-ds.org/doilink/07.2023-15637858/UIJIR

Affiliation:

1. Assistant Professor, Faculty of Law, Bhupal Nobles’ University, Udaipur, Rajasthan, India 

ABSTRACT

Monopolies and restrictive trade practice (MRTP) act, 1969 was the act used before Competition Act 2002, to deal with the market monopolies, restrictive trade practices, and also unfair trade practice, but after the loopholes have been find in the MRTP act, the Competition Act 2002 has been bring to in the books. In this paper I will critically analyze the competition law in India, also how the new Act is better than the old one and what was the reasons, key difference between the MRTP Act and Competition Act 2002. Also how the Competition Law is being evolving in India after the MRTP Act and loopholes in the present law as well.

Key words: Critical Analysis, Competition Law