A Functional Competition Policy for India

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Towards a Functional Competition Policy for India comes at a time when the country is poised to implement a new Competition Law, whilst there is a lack of understanding of the nature, and extent of prevalence, of different types of anti-competitive practices. The study helps in getting a better understanding of the competition and economic regulation scenario of India. Contrary to popular perception, the study does not treat competition Policy as just adoption and implementation of a competition law, but looks at it as a broader policy framework where competition is encouraged as a market process to generate competitive outcomes. Accordingly, the report comprises 22 chapters, giving comprehehsive treatment to competition policy in India, covering both systemic as well as sectoral issues. The study tracks the evolution of Competition Policy and Law in India; discusses the interface of Competition Policy with Government Policies, and Consumer Welfare; and identifies competition and economic regulation issues in agriculture, manufacturing, and services. The present volume is the result of the effort put in by top experts in teh country. The study will be sueful to all those who are interested in economic policies, in general, and competition policy, in particular. The report itself is published as two separate volumes. An earlier published volume forms the Overview, which carries all papers in a precis form, so that a busy reader can go through them easily and get a flavour of what the issues are. teh second one is the present volume-a more detailed report, carrying all chapters in greater depth, and is meant for the policy community, particularly those involved in research. The report will serve as a curtain raiser and as a road map for future work in still greater depth.

ABOUT THE AUTHOR Pradeep S. Mehta

Pradeep S. Mehta (57 is the founder Secretary General of the Jaipur-based Consumer Unity and Trust Society, a leading research and advocacy gruop established in India in 1984. CUTS now operates out of six offices in India, and one each in Zambia, Kenya and UK. Mehta has studied commerce at the Calcutta University and law at the Rajasthan University, Jaipur. Mehta serves on several policy-making bodies of the Government of India, related to trade,environment and consumer affairs. he is the Chairman of the Advisory Board of the South Asia Watch on Trade, Economics and Environment, Kathmandu, and Co-Chairman of the International Network of Civil Society Organisations on Competition. n the past, he has served on the governing boards of the International Centre for Trade and Sustainable Development, Geneva, Life Insurance Corporation of India, Mumbai, Consumer Coordination Council, New Delhi and on the Global Policy and Campaigns Committee on Economic Issues of Consumers Internationa, London. He also serves on the advisory bodies of the Manchester Unviersity's Centre on Regulationand Compeition, and on Loyola University's Institute of Antitrust and Consumer Protection. He is a Visiting Fellow to the Centre on Trade and Investment, Government of Rajasthan. Furthermore, he serves onthe WTO Director General's Informal NGO Advisory Body. Mehta writes extensively in the press in India and abroad, and has published several papers and book, which include: Essays on the International Trading System; Multilateralisation of Sovereignty; Environmental Conditions in International Trade; Analysis of the Interaction between Trade and Competition Policy; State of the Indian Consumer; Numbers at What Cost?; and a serial publication: Globalisation and India-Myths and Realities. the last is addressed to the common person in India, which helps to clarify many basic issues about economic reforms and trade liberalisation.