B.S Yashaswini, LLM, School of Law, Christ (Deemed to be) University, Bangalore, India
ABSTRACT
An economy that thrives depends on healthy competition. In terms of rules and regulations, Indian competition law has changed a lot. The new regime does not limit or prohibit a corporation from enjoying monopolistic or dominant status in the market, unlike the previous regime that limits the formation of monopolies. instead, it only prohibits the abuse of dominating position and fixes the duty on those in positions of strength. Following the establishment of the New Economic Policy in 1991, this legislative shift was undertaken. Foreign investors were able to plunge into the massive Indian market after the New LPG reforms and the founding of the WTO. The necessity to regulate the market and prevent its abuse by global power brokers became apparent The papers analyse the case and instances of abuse of dominant position within the relevant market. The researcher has identified a drawback in the implementation of the Competition Act, which has affected numerous enterprises and firms. secure this position through financial influence and monopolistic practices. However, the researcher in the study has indicated that dominance itself is not inherently negative; rather, the misuse of such a position can be detrimental to other enterprises within the firm. Moreover, the abuse impacts not only the market producers but also the consumers involved. This paper addresses cases in which the CCI has imposed penalties for the abuse of dominant position.
Keywords: Abuse dominance, CCI, Relevant market, Relevant geographical market, Relevant product market
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