Dominance of Horizontal agreement in the Indian Market and the role of Competition Commission of India in Combating Appreciable Adverse Effect prevalent in the Market

  • Siddharth Addy and Aryaknath Bhattachrya
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  • Siddharth Addy

    Student at Amity Law School, Kolkata, India

  • Aryaknath Bhattachrya

    Student at Amity Law School, Kolkata, India

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Abstract

Since the inception of antitrust laws in the Indian continent, there has been several changes over the long period of time, we as researcher deduce such changes which has taken place over the time, as the researcher emphasis on the fact that promotion of free enterprise is the sine quo non-feature in the antitrust law. We as Researcher identify the functioning of the Horizontal agreement in the market and study the elements of anti-competitive nature prevalent in such agreement, we further do and detailed analyses of the growing merger and acquisition trend in the country and made an effort to draw a nexus between the M&A agreements and Competition law. The researchers identify the growing trend of M&A and Horizontal agreement is causing appreciable adverse effect (AAE) in the market, thereby the researchers finally make an attempt to provide suggestions which could be adopted by the legislators to overcome such dispute in law and amicably settle matter in order to promote free enterprise in the market.

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Research Paper

Information

International Journal of Legal Science and Innovation, Volume 3, Issue 3, Page 92 - 110

DOI: https://doij.org/10.10000/IJLSI.11701

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This is an Open Access article, distributed under the terms of the Creative Commons Attribution -NonCommercial 4.0 International (CC BY-NC 4.0) (https://creativecommons.org/licenses/by-nc/4.0/), which permits remixing, adapting, and building upon the work for non-commercial use, provided the original work is properly cited.

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