CUTS Institute for Regulation & Competition (CIRC) in association with CUTS International, has been publishing biennial reports on the state of competition and regulation in India. The reports are designed to undertake reviews of level of competition and regulation to assess functioning of markets in the country. This is desirable given the existence of distortions in economic management of the country that impede realisation of competitive outcomes. The objective is to improve the quality of regulation and enhance the level of competition in select sectors of the economy through research, networking and advocacy based on research findings. Seven reports (2007, 2009, 2011, 2013, 2015, 2017 and 2019) have been published till date.