INDIA’S NEW COMPETITION LAW: A COMPARATIVE ASSESSMENT Aditya Bhattacharjea à ABSTRACT This paper critically examines India’s new Competition Act. I begin by examining the working of its predecessor‚ the 1969 Monopolies and Restrictive Trade Practices Act. Earlier studies‚ as well as a survey of recent cases undertaken for this paper‚ show that most cases under that Act involved consumer complaints and contractual disputes unrelated to competition. Very few cartels were prosecuted‚ the development of a
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The Right of Children to Free and Compulsory Education Act‚ which was passed by the Indian Parliament on 4 August 2009‚ describes the modalities of the provision of free and compulsory education for children between 6 and 14 under Article 21A of the Indian Constitution. The Act came into force on 1 April 2010 and India became one of the 135 countries which have made education a fundamental right of every child. The Act is the enabling legislation to notify the 86th Constitutional Amendment passed
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Sarbanes-Oxley Act The Sarbanes-Oxley is a U.S. federal law that has generated much controversy‚ and involved the response to the financial scandals of some large corporations such as Enron‚ Tyco International‚ WorldCom and Peregrine Systems. These scandals brought down the public confidence in auditing and accounting firms. The law is named after Senator Paul Sarbanes Democratic Party and GOP Congressman Michael G. Oxley. It was passed by large majorities in both Congress and the Senate and covers
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Fair Trading Act 1986 1. The Fair Trading Act exists to promote fair competition and in this way it contributes to the economic wellbeing of all New Zealanders. It prohibits certain conduct in trade‚ provides for the disclosure of consumer information relating to the supply of goods and services and promotes product safety. Protects consumers from being mislead or being treated unfairly by traders or shops. It also sets out when information about certain products must be disclosed to consumers
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others. The United States’ Olympic Committee has decided with the support of the president that the Olympic team will not go to the games in Moscow. We are here today to decide whether this is truly lawful. We will provide proof in the Amateur Sports Act of 1978 that the USOC had no right to decide to boycott. I hope at the end of this trial you will agree that a boycott of the Olympics is in direct violation of the law. Thank you.” Grinning‚ William then walked back to his seat next to Anita. Anita
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The Competition Act 2010 is an act to promote economic development and protect consumers’ interest. It is implemented by the Malaysia Competition Commission (MyCC)‚ which was established under the Competition Commission Act 2010. This act was enacted by the Parliament of Malaysia in May 2010 and came into effect on 1 January 2012. The Competition Act 2010 is not meant to protect competitors. It is meant to ensure enterprises compete freely and fairly. Competition forces enterprises to be more efficient
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Functions of Speech Acts in a Dialogue Introduction The dialogue analyzed in this paper is about two foreign students who have lunch in a restaurant. They sit next to each other at a counter and wait to be served. They do not know each other‚ but because the wait is too long they get bored. So‚ the older student‚ Maria‚ who is 19-year-old and comes from Venezuela‚ turns over the person sitting next to her and starts a conversation with a younger 18-year-old student‚ Ali‚ who comes from Saudi Arabia
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The Constitution Act of 1867‚ the Push that Got the Ball Rolling. Jarik Langenfurth Social 20-1 January 7th 2013 Mr. Kardas There are many events in the past of which we can attribute to Canada becoming the great prosperous nation that we have today. It all started with the European explorers who sailed across the dangerous Atlantic ocean to come to the “new world”‚ they were in control of Eastern Canada. Our Quebec and Ontario were simple know as upper and lower Canada‚ our maritime provinces
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Indian Contract Act 1872 is the main source of law regulating contracts in Indian law. It determines the circumstances in which promise made by the parties to a contract shall be legally binding on them. All of us enter into a number of contracts everyday knowingly or unknowingly. Each contract creates some right and duties upon the contracting parties. Indian contract deals with the enforcement of these rights and duties upon the parties. The Indian Contract Act 1872 sections 1-75 came
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No Child Left Behind Act of 2001 The No Child Left Behind Act is designed to raise the achievement levels of subgroups of students such as African Americans‚ Latinos‚ low-income students‚ and special education students to a state-determined level of proficiency. However‚ since its introduction in 2001‚ it has received a lot of criticism. Some argue the ulterior motives of the Act while others commend its innovation and timing. With the Bush administration coming to an end‚ it is difficult
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