India (January 13, 2003)

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Score = 23

Governed by: The Competition Act, 2002, No. 12 of 2003 enacted on 13 January 2003 (hereinafter referred to as “Competition Act"). [1]

Category Subcategory Score Comment
Scope Extraterritoriality 1 Article 32 extends the scope of the Act to include acts taking place outside India but having an effect on competition in India.
Remedies Fines 1 Article 42 allows the Commission to fine parties for contravening their orders.
Prison Sentences 1 Article 42 allows the Commission to imprison parties for contravening their orders.
Divestitures 1 Article 28 allows for the division of an enterprise in a dominant position.
Private Enforcement 3rd Party Initiation 1 Article 19(1)(a) allows any person to submit a complaint to the Commission.
Remedies Available to 3rd Parties 1 Article 34 gives the Commission the power to award compensation to injured 3rd parties.
3rd Party Rights in Proceedings 1 Articles 34, 35, and 40 gives 3rd parties rights in proceedings.
Merger Notification Voluntary 1 Article 6(2) says that enterprises have the option of notifying the Commission of mergers.
Mandatory 0
Pre-merger 2 Article 6 says this notification must happen within a week of the decision to merge.
Post-merger 0
Merger Assessment Dominance 1 Article 20(4)(d) lists the degree of market power as a consideration in merger assessment.
Restriction of Competition 1 Articles 20(1), 6(1) prohibit concentrations that are likely to cause an adverse effect on competition.
Public Interest (Pro D) 0
Public Interest (Pro Authority) 0
Other 0
Efficiency 1 Article 20(4)(m) lists the relative advantages to economic development of a merger as a factor in merger assessment.
Dominance Limits Access 1 Article 4(2)(b) prohibits limiting access to production or technical development.
Abusive Acts 1 Article 4(1) prohibits the abuse of a dominant position.
Price Setting 0
Discriminatory Pricing 1 Article 4(2)(a) lists discriminatory pricing as an abusive practice.
Resale Price Maintenance 1 Article 3(4)(e) prohibits RPM when it has adverse effects on competition.
Obstacles to Entry 1 Article 4(2)(c) prohibits limiting market access.
Efficiency Defense 0
Restrictive Trade Practices Price Fixing 1 Article 3(3)(a) prohibits price fixing.
Tying 1 Article 3(4)(a) prohibits tying arrangements if they have adverse effects on competition.
Market Division 0
Output Restraint 1 Article 3(3)(b) prohibits output restraint.
Market Sharing 1 Article 3(3)(c) prohibits market sharing.
Eliminating Competitors 0
Collusive Tendering/Bid-Rigging 1 Article 3(3)(d) prohibits bid rigging.
Supply Refusal 1 Article 3(4)(d) prohibits supply refusals where they adversely affect competition.
Efficiency Defense 1 Article 3(3) allows an exemption for agreements that increase efficiency in production, supply, or distribution.

References