Towards a Functional Competition Policy for India

As a matter of fact I am not aware of any other study that has given such a comprehensive treatment to the issue of competition policy in India. It is a path breaking project-

Vijay L. Kelkar, Chairman,
IDFC Asset Management Company Ltd. and
former Adviser to the Finance Minister, Government of India

Towards a Functional Competition Policy for India comes at a time when the country is poised to implement a new Competition Law, whilst there is a lack of understanding of the nature, and extent of prevalence, of different types of anti-competitive practices. The study helps in getting a better understanding of the competition and economic regulation scenario in India.

Contrary to popular perception, the study does not treat Competition Policy as just adoption and implementation of a competition law, but looks at it as a broader policy framework where competition is encouraged as a market process to generate competitive outcomes. Accordingly, the report is comprised of 22 chapters, giving comprehensive treatment to competition policy in India, covering both systemic as well as sectoral issues.

The study tracks the evolution of Competition Policy & Law in India; discusses the interface of Competition Policy with Government Policies (at the Federal as well as State level), and Consumer Welfare; and identifies competition and economic regulation issues in agriculture, manufacturing, and services.

Towards a Functional Competition Policy for India is the result of the effort put in by top experts in the country. The study will be useful to all those who are interested in economic policies, in general, and competition policy, in particular.

The report itself is being published as two separate volumes:

The first one is an Overview version, which carries all papers in a précis form, so that a busy reader can go through them easily and get a flavour of what the issues are.
The second one is a more detailed report, carrying all chapters in greater depth, and is meant for the policy community, particularly those involved in research.

Both the reports will serve as curtain raisers and as a road map for future, more in-depth work.

The detail report and overview version can be purchased from Academic Foundation, New Delhi at: (Detailed Report) (Overview Version)



Chapter 1
Pradeep S. Mehta

Part I: Competition Law In India

Chapter 2
Evolution Of Competition Policy And Law In India
S. Chakravarthy

Chapter 3
Competition Act, 2002: The Approach
S. Chakravarthy

Chapter 4
Mergers And Acquisitions In India: Implications For Competition
Manish Agarwal

Chapter 5
Cross-Border Competition Issues
Aditya Bhattacharjea and Nitya Nanda

Chapter 6
Interface between Regulation and Competition Law
TCA Anant and S Sundar

Part II: Competition Policy And Other Government Policies

Chapter 7
Central Government Policies:
Interface with Competition Policy Objectives
TCA Anant and Jaivir Singh

Chapter 8
State Government Policies and Competition
Prabhat Dayal and Manish Agarwal

Part III: Competition Policy And Consumers

Chapter 9
Competition Policy And Consumer Welfare
Pradeep S. Mehta and Rajeev Mathur

Chapter 10
Competition Abuses at Consumer Level: Study of Select Sectors
Nitya Nanda and Bharath Jairaj

Part IV: Competition Policy In Agriculture

Chapter 11
Agriculture Markets in India: Implications for Competition
Ramesh Chand

Part V: Competition Policy In Manufacturing Sector

Chapter 12
State of Competition in the Indian Manufacturing Industry
K V Ramaswamy

Chapter 13
Competition Issues in the Indian Cement Industry
Pradeep S Mehta and Nitya Nanda

Chapter 14
Competition Scenario in Indian Steel Industry
A. S. Firoz

Chapter 15
Competition Policy for the Pharmaceuticals Sector in India
Nitya Nanda and Amirullah Khan

Part VI: Competition Policy In Infrastructure Sector

Chapter 16
Competition Issues in Telecommunication Sector
Mahesh Uppal

Chapter 17
Competition and Regulation in Energy Sector in India
Devendra Kodwani

Chapter 18
Competition Issues in Transportation Sectors
Sunil Jain

Part VII: Competition Policy In Services

Chapter 19
Competition and Regulation in Financial Services
Shubhashis Gangopadhyay and Praveen Mohanty

Chapter 20
Competition and Professional Services
TCA Anant

Part VIII: Competition Policy In New Economy Areas

Chapter 21
Competition Issues in Information Technology Sector
K J Joseph

Chapter 22
Implications of Competition Policy on Biotechnology Industry in India
A. Damodaran

Appendix- Market Structure, Competition and Performance: The Analytical Background

Annexure: National Competition Policy (Draft 2005.03.29)