Comparison of Pre-Independence & Post-1991 Laws on Private Capital in India: MRTP Act vs. , Slides of Competition Law and Policy

Download Comparison of Pre-Independence & Post-1991 Laws on Private Capital in India: MRTP Act vs. and more Slides Competition Law and Policy in PDF only on Docsity! Ø1 Pre-Independence Laws: PRIVATE CAPITAL Constitution (1950); IDR Act (1951); IPR (1956); MRTP Act, 1969; State Ownership Reserved Lists & Licensing Post 1991 PRIVATE CAPITAL & PPP • Economic Regulation • Private Ownership • Reasonable return on investt. • Economic regulation • Level playing field • Single window approach: FIPB, NHAI Act, TRAI Act, Electricity Act, SEZ Act, etc Evolution of Governing Framework Docsity.com MRTP Act vs Competition Act MRTP Act 1. Adjudicatory body 2. Deeming provisions 3. Pre-economic analysis a discretion 4. Mergers are not within the domain 5. Size of enterprises is frowned upon 6. Complainants are limited 7. International co-operation and Effects doctrine are not available 8. Law could not be promoted 9. Public interest 10. Others [Role of DG, absence of Leniency programme etc.] Competition Act (CA) 1. Market Regulator 2. Rule of reason 3. Pre-economic analysis is mandatory 4. M&A is one of the important functions 5. Size is not bad but its abuse is 6. Except Defence, Space & Currency – all commercial activities are within the ambit of the Law 7. They are available 8. Statutory advocacy role 9. More filters 10. Others [enhanced role of DG, availability of Leniency etc.] Ø2 Docsity.com