Utopian recommendation for India on combating bid rigging under Competition Law in the light of best practices of USA and UK

Dr Souvik Chatterji; Indrajit Acharrya; Samrat Samaddar

Utopian recommendation for India on combating bid rigging under Competition Law in the light of best practices of USA and UK

Authors: Dr Souvik Chatterji, Indrajit Acharrya, Samrat Samaddar

Unique Paper ID: 161456
Volume: 10
Issue: 4
PageNo: 101-108

Keywords: No Keywords Found

Abstract:
Although the Competition Act provides the fundamental framework for regulating competition, how it is interpreted and applied will be greatly influenced by the development of jurisprudence on its application. To enable better application of the Competition law, nations with established competition law regimes, such as the USA and the EU, have each had to create a number of sector- and issue-specific guidelines. Strong competition laws and regulations exist in both the US and the EU. Both the Sherman Act of 1890 and the Clayton Act of 1914 prohibit anti-competitive and abusive behavior in the United States. They also forbid mergers and price discrimination aimed at causing market distortions. The European Union's Articles 101 and 102 of the Treaty on European Union forbid trade between nations that impede competition. Cartelization and the misuse of a dominant position are outright forbidden.

Download article

email to a friend

Cite This Article

ISSN: 2349-6002
Volume: 10
Issue: 4
PageNo: 101-108

Utopian recommendation for India on combating bid rigging under Competition Law in the light of best practices of USA and UK

Available:https://ijirt.org/Article?manuscript=161456

02 Apr, 2024

Examination of child trafficking in the light of legal amendments in India and international developments

31 Mar, 2024

Revisiting the offence of sexual harassment at workplace in India in the light of gender neutrality across the world

15 Mar, 2024

Critical Study of Environmental Impact Assessment in India connected to Land Acquisition for Special Economic Zones

04 Sep, 2023

EXAMINATION OF LEGALLY RECOGNIZED PARENTAL RIGHTS OF THE LGBT COMMUNITY IN INDIA

17 Jul, 2023

Examining international jurisdictions and advocating the requirement of mandatory mediation in family law cases in India

15 Jul, 2023

EXAMINATION OF STATUS OF WOMEN FARMERS AS LAND OWNERS IN THE STATE OF WEST BENGAL

Impact Factor
8.01 (Year 2024)

UGC Approved
Journal no 47859

Join Our IPN

IJIRT Partner Network

Submit your research paper and those of your network (friends, colleagues, or peers) through your IPN account, and receive 800 INR for each paper that gets published.

Join Now

Latest Publication

Recent Conferences

NCSEM 2024

National Conference on Sustainable Engineering and Management - 2024 Last Date: 15th March 2024

Submit inquiry