CUTS Centre for Competition, Investment and Economic Regulation (CUTS C-CIER) has undertaken the project on India Competition and Regulation Report (ICRR) against the background that while India has embraced market-oriented economic reforms, there is, as yet, no periodic review 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. Considering the important role of market forces in a liberalised economic regime, there is a need to do periodic assessment of competition and regulation scenario in the country. ICRR is an attempt to fill this vacuum. It would highlight various distortions in economic management of the country and provide inputs on a periodic basis to policy community as well as other stakeholders for taking necessary actions to promote well-functioning markets.
The project is supported by Ministry of Foreign affairs through the Royal Norwegian Embassy in New Delhi (India).
The report contains the following chapters:
Prologue – An Overview
How do People Perceive the Situation?
Policy Induced Anticompetitive Outcomes
The ‘Nine Principles’ of Competition Policy
Why Competition Policy and Law?
India’s Competition Law Regime: Past, Present and Future
Cartels: The Major Challenge
The Contours of Abuse of Dominance in India
Competition Abuses: Local Problems need Local Solutions
Telecommunications and Electricity
Regulation in the Social Sector
Epilogue: The Way Forward