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  • JGI JAIN UNIVERSITY
  • Competition Law in Business
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Class notes

Why Competition is Important in business? - Class notes of Competition Law in Business

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2020/2021 Written for academic year
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JGI JAIN UNIVERSITY
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Competition Law in Business
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Introduction-Objectives Class notes of Competition Law in Business Syllabus Scope–Definitions Acquisition, Agreement, Cartel, Consumer, Enterprise, Practice, Price, Relevant market, Statutory authority, trade; Competition Commission of India- composition, duties, Power, penalties; Director General-Duties, power.

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Dr. Prem Kumar

, Syllabus

Introduction-Objectives
Scope–Definitions
Acquisition, Agreement, Cartel,
Consumer, Enterprise,
Practice, Price, Relevant market,
Statutory authority , trade;
Competition Commission of India- composition, duties,
Power, penalties; Director General-Duties, power.

, Why Competition ?
 Competition promotes allocative and productive
efficiencies, innovation, consumer welfare, and
economic and political democracy.

 Is an essential condition for national
competitiveness




3

, Why Competition ?




4

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