Description
Lexis Nexis Guide To Competition Law (Containing Commentary On The Competition Act, Mrtp Act & Consumer Protection Act) by S M Dugar
Competition and Consumer Protection laws in the country are benevolent examples of legislation intended to protect consumers from exploitation and to bring fair competition into the market place. In view of the policy shift from curbing monopolies to promoting competition, the MRTP Act, 1969 was replaced by the Competition Act, 2002 to prevent practices having an appreciably adverse effect on competition, as also to promote and sustain competition in markets. Taking cognizance of the importance of these developments, we felt it would be appropriate to rename the book so as to reflect the changes in legislation and policy. The book has thus been rechristened as “Guide to Competition Law (Containing Commentary on the Competition Act, MRTP Act & the Consumer Protection Act)”. The Competition Act has been structured to bring within its ambit anti-competitive agreements, as well as abuse of dominant position and combinations. The Consumer Protection Act, 1986 also seeks to provide speedy remedy for redressal of grievances of consumers with respect to defects in goods and deficiency in services besides curbing restrictive and unfair trade practices. Of late, there has been a great deal of activities on the part of the Government and social activists in spreading consumer awareness and educating consumers of their rights under these enactments. Volume I of the book deals with commentary on the Competition Act, 2002 and the MRTP Act, 1969. Volume II deals with commentary on the Consumer Protection Act, 1986 apart from their rules, regulations and reports along with other cognate legislation dealing with consumer protection in India and legislation abroad on the subject. The treatise has been updated with latest amendments and case law that has developed over the years.