https://www.taxtmi.com/article/detailed?id=6419 The Competition Act, enacted to replace the MRTP framework, implements a market oriented antitrust regime following liberalisation and High Level Committee recommendations. It focuses on three core prohibitions: anti competitive agreements, abuse of dominant position, and combinations (acquisitions, mergers and amalgamations). The Commission's role has been shaped by amendments to function as a market regulator and expert body performing both regulatory and adversarial functions, with procedural rules for leadership selection and enforcement tailored to post liberalisation market realities. en-us Wed, 02 Sep 2015 07:43:51 +0530 Wed, 02 Sep 2015 07:43:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6419 The Competition Act, enacted to replace the MRTP framework, implements a market oriented antitrust regime following liberalisation and High Level Committee recommendations. It focuses on three core prohibitions: anti competitive agreements, abuse of dominant position, and combinations (acquisitions, mergers and amalgamations). The Commission's role has been shaped by amendments to function as a market regulator and expert body performing both regulatory and adversarial functions, with procedural rules for leadership selection and enforcement tailored to post liberalisation market realities. Articles Other Topics Wed, 02 Sep 2015 07:43:51 +0530 https://www.taxtmi.com/article/detailed?id=6419