India has emerged as a business destination for many multi-national companies. With the advent of changing modes of doing business alongside liberalisation, the need for protecting consumers and business entities alike from the perils of anti-competitive practices has taken a centre-stage. At the institutional level, the promotion of business competition has come a long way. India has shifted from the Monopolistic and Restrictive Trade Practices Act, 1969 (MRTP Act) to the Competition Act, 2002. Over the years of its implementation, the legislation has been continuously updated and amended to meet the needs of changing business scenario. The legislative changes have augmented strengthened oversight on competition in the Indian market and economy.
Anbay Legal provides the following services to its clients with respect to Competition Law practice –
- Strategizing, reviewing, and drafting contracts for effectively combating any scope of anti-competitive business operations and promoting competition in businesses.
- Filing of documents with the Competition Commission of India as per the regulatory norms under the Competition Act, 2002.
- Litigating on behalf of clients in various forums ranging from the Competition Commission of India, the Competition Appellate Tribunal to the Supreme Court of India, on a case-to-case basis.