Competition Law Today

Description

Competition law has seen phenomenal growth in recent years. For an efficient market economy, competition is critical as it fosters innovation, productivity, and growth, which ultimately benefit consumers by achieving the lowest level of costs and prices. Competition increasingly features in international trade dialogue and in bilateral as well as regional trade agreements.

With contributions from leading experts in the field, the book provides an authoritative and impressive overview of the modern competition law regime with particular emphasis on India. The volume covers the history, objectives, and substantive provisions of competition law and its economics, its relationship with regulated markets, its international dimensions, and describes the law in key foreign jurisdictions and developing countries.

This second edition includes two additional chapters, and many others substantially revised, to provide an updated account of law incorporating changes that have taken place since the first publication of the volume in 2007.

About the Editors

Vinod Dhall is recognized as a leading expert in competition law and policy.

Contributors

Robert D. Anderson,

Christopher Bellamy,

Sitesh Bhojani, Ulf Böge,

Amit Bubna,

Stephen Calkins,

Dando B. Cellini,

Paul Crampton,

Vinod Dhall,

Geraldine Emberger,

Simon J. Evenett,

Allan Fels,

Eleanor M. Fox,

Shubhashis Gangopadhyay,

Alan H. Goldberg,

Lennart Göranson,

Rahat Kaunain Hassan,

Alberto Heimler,

Youngjin Jung, R.

Shyam Khemani,

Valentine Korah,

Amitabh Kumar,

David Lewis,

Philip Lowe,

Eduardo Pérez Motta,

Graham Reynolds,

Michael J. Reynolds,

Richard Whish

Reviews

‘[T]he volume will become necessary reading for all those ... who intuitively understand the importance of the subject but would like to get deeper into [it]. [Vinod Dhall] should be congratulated for ... bringing together these expert writings in one place.’

—Rajiv Kumar

Vice Chairman, National Institution for Transforming India (NITI) Aayog

‘Competition Law Today gathers together an extraordinary series of essays on the major competition law issues today. It is essential reading now and will be an important reference work for many years to come.’

—Bernard J. Phillips

Former Head, Competition Division, Organization for

Economic Cooperation and Development

‘[A] highly useful compendium....The essays in this publication ... will be an invaluable aid to the development of the law in India and also of interest abroad.’

—Dipankar P. Gupta

Senior Advocate and Former Solicitor General of India

Table of contents

Foreword to the Second Edition

Arun Jaitley

Foreword to the First Edition

C. Rangarajan

Law and Economics

Fali S. Nariman

Preface

Table of Cases

List of Abbreviations

Overview: Key Concepts in Competition Law

Vinod Dhall

PART I: COMPETITION LAW: SUBSTANTIVE PROVISIONS AND MAJOR ISSUES

1. Control of Cartels and Other Anticompetitive Agreements

Richard Whish

2. Abuse of Dominant Position: Emerging Enforcement Issues and Approaches

Robert D. Anderson and Alberto Heimler

3. Merger Control

Alan H. Goldberg

4. Leniency Programmes in Competition Law

Paul Crampton and Graham Reynolds

5. Competition Law and Intellectual Property Rights

Valentine Korah

6. Exemptions, Exceptions, and Differential Application under Competition (Antitrust) Law
7. Shyam Khemani

7. Competition Advocacy and Interface with Government

Philip Lowe and Geraldine Emberger

8. Competition and Regulation

Allan Fels

9. The Efficient and Effective Competition Authority

Lennart Göranson

10. World Competition Law: Conflicts, Convergence, Cooperation

Eleanor M. Fox

PART II: COMPETITION LAW IN SELECT JURISDICTIONS

11. Competition Law in Australia

Sitesh Bhojani

12. EC Competition Law: The First Experiences of Modernization

Michael J. Reynolds

13. Competition Law in Germany

Ulf Böge

14. Competition Law in Mexico

Eduardo Pérez Motta

15. South African Competition Law: Origins, Content, and Impact

David Lewis

16. Korean Competition Law: Policies and Developments

Youngjin Jung

17. The Competition Regime in the United Kingdom

Christopher Bellamy

18. Competition Law in the United States of America

Stephen Calkins

PART III: COMPETITION LAW, ECONOMICS, AND POLICY

19. Economic Growth and Consumer Welfare: The Role of Competition Law

Dando B. Cellini

20. The Economics of Competition Law

Amit Bubna and Shubhashis Gangopadhyay

21. The Return of Industrial Policy: A Threat to Competition Law?

Simon J. Evenett

PART IV: COMPETITION LAW IN INDIA

22. The Evolution of Competition Law in India

Amitabh Kumar

23. India: The Competition Act and Its Enforcement

Vinod Dhall

24. Re-viewing Competition Regime in Pakistan

Rahat Kaunain Hassan

25. Merger Control Regime under the Competition Law in India

Vinod Dhall

Select Bibliography

Editor and Contributors

Index