Indian Anti-Trust Law

Indian Anti-Trust Law, primarily governed by the Competition Act, 2002, aims to promote fair competition by preventing unfair business practices like monopolies, cartels, and abuse of dominant positions. It seeks to ensure free, fair, and healthy competition in the market, protecting consumers from anti-competition practices that can lead to higher prices or reduced choices. The Competition Commission of India (CCI) investigates and regulates such violations, promoting a level playing field for businesses. Overall, the law fosters innovation, efficiency, and consumer welfare by maintaining competitive market conditions.