Foreword
VIJAY L KELKAR

Preface
S SUNDAR

Contributors to this Volume

PRADEEP S. MEHTA

2005, "Can-Do" Year for India
Competition Policy and Other Policies
Promoting Competitiveness Through Competition
Promoting Effective Markets Through Competition
The Report

Part I
Competition Law in India

S. CHAKRAVARTHY

Introduction
Development Strategy and the MRTPA
The MRTP Act, 1969
Economic Reforms and Impact on the MRTP Act
Experience with the working of the MRTPA
Metamorphosis from MRTPA, 1969 to Competition Act, 2002
Role of Third Parties
Consumer Protection Act, 1986 (COPRA)
Sectoral Regulatory Authorities

S. CHAKRAVARTHY

Introduction
Highlights of the Act
Other Important Features of The Act
Concerns

MANISH AGARWAL

Introduction
M&As from Competition Policy Perspective
M&As in India
M&A Regulation in India
National Champions

ADITYA BHATTACHARJEA & NITYA NANDA

Introduction
The Indian Experience
Cross-Border Issues in the Competition Act, 2002
The Way Forward

T.C.A. ANANT & S. SUNDAR

Introduction
Instruments of Regulation
Regulatory Failure
Sectoral Regulators and the Competition Authority

Part II
Competition Policy and Other Government Policies

T.C.A. ANANT & JAIVIR SINGH

Understanding Competition
Understanding Government Policy
Central Government Policies: An Overview
Implications for Policy Formulation

PRABHAT DAYAL & MANISH AGARWAL

Introduction
Government Procurement Policy
Bid Rigging in Construction/Works
Excise Policy
Truck Operations
Regulatory Failures at Local Level
Conclusion

Part III
Competition Policy and Consumers

PRADEEP S. MEHTA & RAJEEV MATHUR

Introduction
Competition and Consumer Welfare
Competition Law and Consumer Protection Law
Conclusion

NITYA NANDA & BHARATH JAIRAJ

Introduction
The Problem
School Education: Tied-selling of Books, Uniforms and Stationery
Health Services
The Solution

Part IV
Competition Policy and Consumers

RAMESH CHAND

Introduction
Role and Functioning of Agriculture Markets
Price Formation in Primary Markets
Price Received by Farmers as Opposed to Price Paid by Consumer
Retail Prices
State Intervention in Agricultural Markets
Statutory Regulations and Legal Provisions
Price Administration
The Way Forward

Part V
Competition Policy in Manufacturing Sector

K.V. RAMASWAMY

Introduction
Manufacturing Sector in India: Size and Structure
Trade and Industrial Policy Liberalisation in the 1990's
Trends in Market Concentration Over Time
Conclusion

PRADEEP S. MEHTA & NITYA NANDA

Introduction
Nature of the Industry
Competition Concerns
Conclusions

A.S. FIROZ

Introduction
Cartelisation
Competition Issues in the Context of Investment and Growth
Regulatory Authority
Conclusions

NITYA NANDA & AMIRULLAH KHAN

Introduction
Nature of the Pharmaceutical Industry
Regulations in the Pharmaceutical Industry
Major Competition Issues
In Lieu of Conclusion

Part VI
Competition Policy in Infrastructure Sector

MAHESH UPPAL

Introduction
Evolution of the Regulatory Framework
Unified Licensing Regime
Market Structure in Telecommunications
Existence of Anti-competitive Practices
Relationship and Coordination Between Regulatory Agencies

DEVENDRA KODWANI

Introduction
Nature of the Industry
Competition Concerns
Conclusions

SUNIL JAIN

Introduction
Civil Aviation
Ports
Railways
Road Transport
The Way Forward

Part VII
Competition Policy in Services

SHUBHASHIS GANGOPADHYAY & PRAVEEN MOHANTY

Introduction
Banking
Insurance
Asset Management/Mutual Funds
Pension Funds
Non-Banking Financial Companies (NBFCs)
Conclusion

T.C.A. ANANT

The Market for Professional Services
Competition Issues in Self Regulation
Assumptions on the Nature of Practice
Regulatory Capture
Experiences of Other Countries in Self Regulation
Conclusion

Part VII
Competition Policy in Services

K.J. JOSEPH

Introduction
Overview of the Sector
Development of India's IT Sector: Role of the State
Role of Private Sector and Industry Associations
Structure of IT Market and Competition
Conclusion

A. DAMODARAN

Introduction
Biotechnology Policies in India
Backward Integration through Joint Ventures, Mergers and Acquisitions
Regulatory Regime for Biotech Industry in India
India's Competition Act, 2002
Competition Issues
Flexibilities in India's IPR Regimes and its Impact on Competition

Contributors to this Volume