Raghvan Committee was the committee constituted for necessity of new competition law in India and relevance of MRTP Act 1969. It submitted its 8 chapter report in 2001. It discussed the industrial policy, entry barrier, licensing and state of competition in various industries. Its report is available here.
Raghavan Committe report concluded that MRTP Act is outdated in the present economic state of liberalization. So there was a need to enact new competition law.
In fourth chapter of its report the committee said that anti-competitive agreement (multilateral), abuse of dominance (unilateral) and combination will be the main areas of competition law.
Which we can find in the Section 3-6 of the Competition Act 2002.
Regarding the interface between competition policy and IPRs, it states that all IPRs have potential of being anti-competitive in its fifth chapter.
Raghavan Committe report concluded that MRTP Act is outdated in the present economic state of liberalization. So there was a need to enact new competition law.
In fourth chapter of its report the committee said that anti-competitive agreement (multilateral), abuse of dominance (unilateral) and combination will be the main areas of competition law.
Which we can find in the Section 3-6 of the Competition Act 2002.
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