Tag Archives: judicial decisions

The Salient Features of Competition Act,2002 along with Important Definitions & Precedents

“Competition is the key to success.”[1]                                                                            When markets work hard, they bring sustainability, profits, efficiency, innovation and long-term benefits to the economy.  Competition law is one of the laws aimed primarily at eradicating anti-competitive practices by preventing the abuse of anti-competitive contracts and prevailing market conditions. The purpose of this Section is to explore key aspectsContinue reading “The Salient Features of Competition Act,2002 along with Important Definitions & Precedents”

ECONOMIC IMPACT OF JUDICIAL DECISIONS

The various judgements delivered by higher courts and quasi-judicial bodies directly or indirectly have far-reaching economic impact on the country. It is because economic impacts are not taken into account while decision making, court do not analyse the economic costs associated with a decision pronounced by it and the situation further worsens when judicial activismContinue reading “ECONOMIC IMPACT OF JUDICIAL DECISIONS”