It is for this reason that, while countries across the globe are increasingly embracing market economy, they are also re-inforcing their economies through the enactment of competition law and setting up competition regulatory authority. However, the Act further empowers the chairperson to further constitute one or more Benches known as Mergers Benches exclusively to deal with combination Case study on legal monopoly in india the regulation of combinations.
Sikkim is the only state not connected. Jan 26, Passenger services Indian Railways operates 8, passenger trains and transports around five billion annually across twenty-seven states and three union territories DelhiPondicherry and Chandigarh.
The Indian Railways manufactures a lot of its rolling stock and heavy engineering components. Since the s, Indian Railways has switched from small consignments to larger container movement which has helped speed up its operations.
The Maharashtra government did try and introduce the Deccan Odyssey along the Konkan route, but it did not enjoy the same success as the Palace on Wheels.
However, in the event of its inability to execute it, CCI may send such order for execution to the High Court or the principal civil court, as the case may be. Click to Login as an existing user or Register so you can print this article.
An appeal is allowed by this Act No appeal has been preferred Provision has been made for an appeal against any order or decision of CCI by any aggrieved person. These production units are: An oligopoly is a market structure in which only a few sellers dominate a market; they could sell either "homogeneous or differentiated products," meaning either products that have very little difference or that are very different Economics Online, "Oligpoloy".
Air conditioned coaches are also attached, and a standard train may have between three and five air-conditioned coaches.
In South India and North-East India however, buses are the preferred mode of transport for medium to long distance transport. Further, the agreements, which are entered into in respect of various intellectual property rights and which recognize the proprietary rights of one party over the other in respect of trademarks, patents, copyrights, geographical indicators, industrial designs and semi conductors have been withdrawn from the purview of "anti competitive agreements".
Diesel Loco Modernisation Workshop, Patiala successfully upgraded 74 nos. A standard passenger train consists of eighteen coachesbut some popular trains can have up to 24 coaches.
MRTP Act was applicable to Private and Public sector undertakings only, whereas, the new Act extends its reach to governmental departments engaged in business activities. If CCI is of the view that there are no merits to the case, the complaint would be dismissed, with costs.
The power of the Centre to issue directions to CCI is inherent, and such directions would bind it. This speed is much lower than fast trains in other parts of the world.
It also does heavy repair and overhaul of engines and locomotives. The network has three lines viz, western, central and harbor. The Ghum station along the Toy Train route is the second highest railway station in the world to be reached by a steam locomotive.
Reporting to them is the Railway Board, which has six members and a chairman. Directing the persons or entities ruled against to desist from abusing a dominant position or discontinuing acting upon anti-competitive agreements Imposing penalty to the maximum extent of ten percent of the average turnover for the last preceding three financial years upon each person or entity party to the abuse Award compensation Modify agreements Recommend the division of the dominant enterprise to the Centre, which has the ultimate authority to decide the fate of a dominant enterprise Recovery of compensation from any enterprise for any loss or damage shown to have suffered by the other party.
An agreement has been executed outside India Any contracting party resides outside India Any enterprise abusing dominant position is outside India A combination has been established outside India A party to a combination is located abroad.
However, during the course of enquiry, CCI may grant interim relief by way of temporary injunctions restraining a party from continuing with the ant-competitive agreements or abuse of dominant position. A monopolistic competition is one in which all firms market very similar products that can easily be substituted, whereas a monopoly is a market structure in which one firm or group of firms owns either all or almost all of the market Investopedia, "Monopolistic Competition" ; Investopedia, "Monopoly".
Combination that exceeds the threshold limits specified in the Act in terms of assets or turnover, which causes or is likely to cause an appreciable adverse impact on competition within the relevant market in India, can be scrutinized by the Commission.
It was reopened when the hostilities subsided in DMW exported spares worth Rs. The earlier legislation, considered draconian in the changed scenario, was based on size as a factor, while the new law is based on structure as a factor, aimed at bringing relief to the players in the market. Freight A single line rail bridge IR carries a huge variety of goods ranging from mineral ores, agricultural produce, petroleum, milk and vehicles.
Recent changes have sought to boost the earnings from freight.
Food is being served by an Indian Railways employee. Suburban trains that handle commuter traffic are mostly electric multiple units. Any person, consumer, consumer association or trade association can make a complaint.
In addition, 4 diesel locomotives were supplied to Non Railway Customers. The coaches in use are vestibulesbut some of these may be dummied on some trains for operational reasons. Extension of the executive powers The Act contemplates the extension of the executive powers of CCI by the appointment of a Director General and as many other persons for the purpose of assisting it in conducting enquiries into contraventions of the provisions of the Act as well as conducting cases before the Commission.Jul 27, · India Anti-trust/Competition Law Dubey & Partners - Advocates 27 Jul India: Indian Competition Act: An Overview.
Last Updated: 27 July The limits are more than Rs 4, crore or 12, crore and US $ 2 billion and 6 billion in case acquirer is a group in India or outside India respectively.
Microsoft and Monopoly Case Study of Strategies used by Microsoft to leverage its monopoly position in operating systems in Internet Browser market Introduction: Microsoft in China and India, Legal; Site Map.
Case Study of Monopolistic Competition in India. Print Reference this. Disclaimer: HUL captured the Indian detergent market in the year and maintained its monopoly in terms of quality till s with its product ‘SURF’. However by s a company named Nirma Chemicals brought out a detergent ‘Nirma’ which was priced much lower.
A case study of the Dabhol Power Plant. Agenda 1. The Dabhol Case. Case Facts Demand for power in India was set to grow in Growth of the Indian Power Sector 0 SEB’s (State Electricity Boards) had a monopoly of power distribution within the states.
Monopoly of Indian Railways: IIM Case Study. In economics, a monopoly (from the Latin word monopolium ± Greek language monos, one + polein, to sell) is defined as a persistent market situation where there is only one provider of a product or service.
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