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A Commissioner’s Primer to Economics of Competition Law in IndiaConclusions: Challenges for Competition Policy and Law

A Commissioner’s Primer to Economics of Competition Law in India: Conclusions: Challenges for... [Areas of public policy are reshaping the contoursContoursof competition policy and of competition lawContours of competition policy and of competition law. In its implementation this emerging consciousness suggests that several terms of the law need redefining. Who is the consumer? How is consumer welfareConsumer welfare to be assessed? The debate in earlier chapters on the historical emphasis of defining welfare in terms of increasing the number of competitors in the field and the hesitancy to accept welfare in terms of consumer benefit is now sharper. In defining the parameters of welfare several fresh challenges have emerged for competitionCompetition as offshoots of the internet and of platform marketsPlatform markets. Investigations have been initiated in two areas by CCICompetition Commission of India (CCI): (i)What is a fair agreementFair agreementor contractContract? (ii) Privacy and competitionPrivacy and competition. Apart from these two areas, the Commissions assigned a study on blockchains and competition that have raised concerns in the area of public health facilities. Inclusive AgendaInclusive Agenda is emerging as yet another major challenge of competitionCompetition policy in terms of genderGenderand migrant laborMigrant laborand employmentEmployment in the implementation of law. As the concluding chapter, it is conceptual with the intent to draw attention of emerging challenges to competitionCompetition.] http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

A Commissioner’s Primer to Economics of Competition Law in IndiaConclusions: Challenges for Competition Policy and Law

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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
237 –243
DOI
10.1007/978-981-19-9476-0_8
Publisher site
See Chapter on Publisher Site

Abstract

[Areas of public policy are reshaping the contoursContoursof competition policy and of competition lawContours of competition policy and of competition law. In its implementation this emerging consciousness suggests that several terms of the law need redefining. Who is the consumer? How is consumer welfareConsumer welfare to be assessed? The debate in earlier chapters on the historical emphasis of defining welfare in terms of increasing the number of competitors in the field and the hesitancy to accept welfare in terms of consumer benefit is now sharper. In defining the parameters of welfare several fresh challenges have emerged for competitionCompetition as offshoots of the internet and of platform marketsPlatform markets. Investigations have been initiated in two areas by CCICompetition Commission of India (CCI): (i)What is a fair agreementFair agreementor contractContract? (ii) Privacy and competitionPrivacy and competition. Apart from these two areas, the Commissions assigned a study on blockchains and competition that have raised concerns in the area of public health facilities. Inclusive AgendaInclusive Agenda is emerging as yet another major challenge of competitionCompetition policy in terms of genderGenderand migrant laborMigrant laborand employmentEmployment in the implementation of law. As the concluding chapter, it is conceptual with the intent to draw attention of emerging challenges to competitionCompetition.]

Published: Mar 1, 2023

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