This Long article has been written by Ananya P Saji and co-authored by Shreyanshi Tiwari. Ananya and Shreyansh are law students at Christ(Deemed To Be University).
ABSTRACT
The article provides an in-depth evaluation of the Competition Law in India, outlining its evolution from the Monopolies and Restrictive Trade Policies (MRTP) Act, 1969, to the enactment of the Competition Act, 2002. It begins by putting forward the concept of the competition and highlighting various international perspectives on competition policies, showcasing shared objectives among various jurisdictions. The paper further emphasizes the inadequacies of the MRTP regime in the era of liberalised economy, the impact of economic reforms, and the importance of the Raghavan Committee in shaping the current legal framework.
The institutions that are responsible for enforcing the competition law in India such as Competition Commission of India (CCI), Director General (DG), National Company Law Appellate Tribunal (NCLAT), the Supreme Court are sidewise examined along with the key provisions, including anti-competitive agreements, horizontal agreements or cartels, vertical agreements, mergers and acquisitions, abuse of dominant position and so on.
It illustrates the shortcomings of conventional regulatory mechanisms such as platform dominance, data monopolies, and algorithmic collusion. The central issue addressed is the current gap between the conventional competition laws and the new challenges generated by a technology-driven economy in India. It further sheds light on the Competition law in the digital market.
The results indicate that India has made meaningful progress in converging with international best practice but has some gaps in enforcement effectiveness, procedural transparency, and the regulation of digital markets. The findings highlight the imperative for proactive measures such as sectoral regulations, upgradation, and stronger investigative powers to protect market competition during the 21st century.








