Competition Law

The course on competition law brings an in-depth understanding of the legal aspects of competition. Conceptual and case-based learning through short video lectures helps you to identify patterns of commercial activities that are detrimental to market stakeholders and the way competition law and policy attempt to prevent such anti-competitive conduct. Upon successful completion of the course, you should be able to:

• Identify the basic principles underlying competition law.
• Evaluate business practices that result in anti-competitive practices.
• Examine situations that constitute abuse of dominance.
• Understand merger controls.
• Understand the interface between intellectual property rights and competition law.
• Explore the application of competition law in contemporary digital markets.

Competition law seeks to promote competition in the market and regulate anti-competitive behaviour. This new law is a departure from the earlier MRTP Act which sought to regulate corporations and monopolies rather than facilitate business activity. The Competition Act seeks to promote competition in the market. It does so, by looking at the position of the corporation in the market rather than focusing merely on its size. This new law, with its new philosophy and requirements, has a tremendous impact on business deals and arrangements. M&A activity, vertical and horizontal agreements between firms and suppliers and retailers, collaborations, and pricing agreements — all of these are regulated by the Competition Act. This makes understanding the requirements under this law crucial for any corporate law practitioner. 

In this course, we take you over these requirements of the Competition Act and guide you on how to deal with them when advising clients on sale, purchase and supply agreements, collaborations, pricing agreements, mergers and acquisitions, monopolistic behaviour, unfair trade practices etc.