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May 2011

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Watch Out For Collective Abuse
The Financial Express, May 31, 2011

By Pradeep S Mehta

The basic parameters for healthy competition in the market require large number of players and large number of buyers to promote the necessary rivalry. Alas, rivals also know how to defeat the purpose by colluding through an implicit or an explicit cartel or by abusing their dominance singly or jointly. Tackling the abuse of dominance needs clear guidelines, so as to capture the conduct of the whole sector that may be prevailing in the market place. More...


Get Plan B Working for Doha
Economic Times, May 30, 2011

By Pradeep S Mehta

Osama bin Laden's death is an opportunity to close the Doha deal, argued the hugely optimistic Jagdish Bhagwati in the Financial Times. In fact, the Doha Round was launched soon after the 9/11 tragedy to send a message to the world, that we are together and will not be fazed by the horrendous attack on the symbolic World Trade Center in New York about 10 years ago. "By a strange irony, Bin Laden's assassination nearly 10 years later presents an opportunity to close the Round, again in affirmation of the same values...". More...


Aspirations still trail behind grievances
Financial Times, May 19, 2011

By Pradeep S Mehta

Until the advent of the British Raj, India had a healthy trade surplus with the rest of the world. Its trade openness was commensurate with its share in global trade. Today, India is witnessing a revival of this phenomenon, as shown by the huge growth from a less than one percent share of international trade in the early 1990s to more than three percent. More...


Intimations of Insecurity
Financial Express, May 10, 2011

By Pradeep S Mehta

In the latest soap opera of cartel busting, both Procter & Gamble and Unilever were fined US$457.3mn by the European Commission in April 2011. The case was settled after another conspirator, Henkel, spilled the beans and claimed leniency. In such cases, it is the leniency provision that enables the competition authority to nail the perpetrators with little effort. Alas, despite having such a provision in our competition law, the Competition Commission of India, in force since 2009, has not yet been able to bust a single cartel. More...


Competition enforcement weak
Business Daily, May 03, 2011

By Rijit Sengupta

Unprecedented interest and zeal on competition law issues has been noted in African countries over the last decade or so. A number of countries have adopted laws and some have also established a competition enforcement agency. However, when it comes to competition enforcement, most African countries still have a long way to go. More...

 

See Also

Media Room

Stop road transport cartels, go competition
The Financial Express, India, January 10, 2011

Promote participation in family planning
Dainik Bhaskar, January 08, 2011

Fulfill your responsibility
Dainik Navjyoti, January 08, 2011  

BoZ move on FBZ will hurt customers - CUTS
The Post Online, January 07, 2011

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