Competition Law : Concepts, Law And Practice /
by Neha Vyas
- Lucknow: EBC Publishing (P) Ltd, 2021
- 357p.
Contents 1. Economics of Competition Law 2. History and Origin of Competition Law: US, EU and India 3. Fundamentals of Competition Law 4. Rule of Reason, "Per se" Rule and Doctrine of Restraint of Trade 5. Horizontal Agreements 6. Vertical Agreements 7. Abuse of Dominant Position 8. Merger Control 9. Institutional and Procedural Aspects of Competition Law: US, EU and India 10. Intellectual Property Rights and Competition Law 11. Digital Platform and Competition Law 12. Miscellaneous APPENDICES
I find "competition law" extremely interesting because it involves in-depth economic analysis. It is intriguing because the basis of argumentation, while discussing each individual case law, is relative and not absolute. Competition policy is riveting because it is widely influenced by the conditions prevalent in the market, political situation of a country and most importantly, the economic theories adopted during a time period. These uncertain elements make every case different and therefore the sole basis for understanding competition law is not completely reliant on the already developed jurisprudence on the matter. This book consists of 12 chapters. Chapter 1 discusses the importance of economic analysis of competition law. The law and economics movement is gaining momentum, especially when it comes to competition-related matters. This chapter includes relevant concepts of economics which shall formulate the basis for topics covered in the forthcoming chapters. It also comprises the Harvard-Chicago policy debate, which is of utmost importance to understand the rationale behind competition policy. Chapter 2 comprises of the origin and history of competition law. This chapter is useful for tracing the existence of competition and eventually, the need to regulate it. Chapter 3 deals with the fundamental concepts for understanding competition law. It revolves around the elements and tools essential for determining market power. Chapter 4 examines the important principles like the rule of reason and per se rule which is imperative for understanding anti-competitive agreements and abuse of dominant position.