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A Commissioner’s Primer to Economics of Competition Law in IndiaBasics of Economics of Competition and Markets in Product Markets

A Commissioner’s Primer to Economics of Competition Law in India: Basics of Economics of... [Price, cost and quantity (demand) frame the clauses of Competition Act, 2002. As red flags of competition they cease to be mere replication of micro-economics. The Commissioners basic tool kit is developed in this chapter illustrating how each of the three factors needs to be analyzed in the framework of competition assessment. In this chapter, the basic tool kit is explained with reference to the product model. The analysis blends with the economic characteristics of markets to comprehend abuses framed in the three sections of the Act.] http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

A Commissioner’s Primer to Economics of Competition Law in IndiaBasics of Economics of Competition and Markets in Product Markets

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Publisher
Springer Nature Singapore
Copyright
© The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd. 2023
ISBN
978-981-19-9475-3
Pages
13 –45
DOI
10.1007/978-981-19-9476-0_2
Publisher site
See Chapter on Publisher Site

Abstract

[Price, cost and quantity (demand) frame the clauses of Competition Act, 2002. As red flags of competition they cease to be mere replication of micro-economics. The Commissioners basic tool kit is developed in this chapter illustrating how each of the three factors needs to be analyzed in the framework of competition assessment. In this chapter, the basic tool kit is explained with reference to the product model. The analysis blends with the economic characteristics of markets to comprehend abuses framed in the three sections of the Act.]

Published: Mar 1, 2023

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