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A Commissioner’s Primer to Economics of Competition Law in IndiaEconomic Analysis of Horizontal Agreements and Vertical Agreements (Section 3)

A Commissioner’s Primer to Economics of Competition Law in India: Economic Analysis of Horizontal... [Horizontal agreements between competitors are normally associated with cartels but can refer to any anti-competitive agreements. Vertical agreements on the other hand are usually efficiency enhancing. In this chapter the clauses of Section (3)(3) horizontal agreements and Section (3)(4) on vertical agreements are examined with decisions of the Competition Commission of India applying the economic tools of analysis of Chapter 2. Game theoretic strategizing using simple Nash equilibrium raises the doubt “did we get it right”? Resetting of standards and designing of trigger mechanism emerge from the analysis.] http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

A Commissioner’s Primer to Economics of Competition Law in IndiaEconomic Analysis of Horizontal Agreements and Vertical Agreements (Section 3)

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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
75 –144
DOI
10.1007/978-981-19-9476-0_4
Publisher site
See Chapter on Publisher Site

Abstract

[Horizontal agreements between competitors are normally associated with cartels but can refer to any anti-competitive agreements. Vertical agreements on the other hand are usually efficiency enhancing. In this chapter the clauses of Section (3)(3) horizontal agreements and Section (3)(4) on vertical agreements are examined with decisions of the Competition Commission of India applying the economic tools of analysis of Chapter 2. Game theoretic strategizing using simple Nash equilibrium raises the doubt “did we get it right”? Resetting of standards and designing of trigger mechanism emerge from the analysis.]

Published: Mar 1, 2023

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