India (July 1991): Difference between revisions

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'''Score = 10'''
'''Score = 11'''


''Governed by:'' The Monopolies and Restrictive Trade Practices Act No. 54 of 1969 last amended by the MRTP Amendment Act of 1991 (hereinafter referred to as “Competition Act”).  
''Governed by:'' The Monopolies and Restrictive Trade Practices Act No. 54 of 1969 last amended by the MRTP Amendment Act of 1991 (hereinafter referred to as “Competition Act”).  

Latest revision as of 16:03, 12 October 2007

Score = 11

Governed by: The Monopolies and Restrictive Trade Practices Act No. 54 of 1969 last amended by the MRTP Amendment Act of 1991 (hereinafter referred to as “Competition Act”). [1]

Category Subcategory Score Comment
Scope Extraterritoriality 0
Remedies Fines 1 Article 48 allows the Commission to fine or imprison parties for failing to register a registerable agreement.
Prison Sentences 1 Article 48 allows the Commission to fine or imprison parties for failing to register a registerable agreement.
Divestitures 1 Article 36D(1)(b) allows the Commission to void or modify any agreement relating to unfair trade practices.
Private Enforcement 3rd Party Initiation 1 Article 10(a)(i) allows 3rd parties to initiate inquiries by filing a complaint.
Remedies Available to 3rd Parties 1 Article 12(b) allows injured 3rd parties to get compensation.
3rd Party Rights in Proceedings 0
Merger Notification Voluntary 0
Mandatory 0
Pre-merger 0
Post-merger 0
Merger Assessment Dominance 0
Restriction of Competition 0
Public Interest (Pro D) 0
Public Interest (Pro Authority) 0
Other 0
Efficiency 0
Dominance Limits Access 0
Abusive Acts 0
Price Setting 0
Discriminatory Pricing 0
Resale Price Maintenance 1 RPM is prohibited under Article 40.
Obstacles to Entry 0
Efficiency Defense 1 Article 32 provides a defense public interest defense that includes protecting national security.
Restrictive Trade Practices Price Fixing 0
Tying 1 Article 33(b) lists tying arrangements as a registerable agreement.
Market Division 1 Article 33(g) lists market division agreements as registerable.
Output Restraint 1 Article 33(g) lists output restraint as a registerable agreement.
Market Sharing 0
Eliminating Competitors 1 Article 33(j) lists any agreement that may lead to the elimination of a competitor as a registerable agreement.
Collusive Tendering/Bid-Rigging 1 Article 33(jb) lists agreements to bid rig as registerable.
Supply Refusal 0
Efficiency Defense 1 Article 38 says that registerable agreements may be allowed if they are necessary for public consumer interests and the economy.

References