@article{24933,
      author = {Sharma, A.,},
      url = {http://tind.wipo.int/record/24933},
      title = {Revisiting Competition Law of India Changing Dimensions in  the Era of Globalized Economy},
      abstract = {Competition law is a classical example wherein the  government wants to meet the compelling needs of the  changing times. The Indian Monopolies and Restrictive Trade  Practices Act was enacted in the era of restrictive  economy. With the opening up of the economy in 1991, and  subsequently the advent of the WTO in 1995, it was felt  that the MRTP Act had outlived its utility and no longer  served its purpose in the changed environment. While the  new open market economy would ensure adequate  competition,at the same time, experience in other countries  had indicated that some enterprises do try to undermine the  market by resorting to anti–competitive practices. Hence,  it was felt that such practices could nullify the gains  from competition, which could be answered only by having a  new competition law. Accordingly,the Competition Act 2002  was enacted. However, only some parts of the Act are in  force and the entire Act is yet to become operative. This  article will make a modest attempt to discuss this new  competition regime, its scope, ambit and various  dimensions, and to explain whether it will face further new  challenges due to dynamism in international trade and  economic laws in the era of irreversible globalisation.},
      recid = {24933},
      pages = {1 volume ([21] pages) ;},
}