Lex Summarium

Competition  Commission  of India Competition Commission of India(CCI) had established as per provisions laid down in Chapter III, Section 7 of Competition Act, 2002.  Competition Act, 2002 was enacted keeping in view of the economic development of the country, for the establishment of a Commission to prevent practices having adverse effect on competition, to promote and sustain competition in markets, to protect the interests of consumers and to ensure freedom of trade carried on by other participants in markets , in India, and for matters connected therewith or incidental thereto. This act replaced the Monopolies and Restrictive Trade Practices Act, 1969 (MRTP Act) on the recommendations of Raghavan committee. Why has CCI fined Maruti Suzuki for Rs 200 Crore? CCI has found that MSIL not only imposed the Discount Control Policy on its dealers, but also monitored and enforced the same by monitoring dealers through MSAs, imposing penalties on them and threatening strict ...

Introduction Three Farm Laws (i.e., THE ESSENTIAL COMMODITIES (AMENDMENT) ACT, 2020, THE FARMERS’ PRODUCE TRADE AND COMMERCE (PROMOTION AND FACILITATION) ACT, 2020 & THE FARMERS (EMPOWERMENT AND PROTECTION) AGREEMENT ON PRICE ASSURANCE AND FARM SERVICES ACT, 2020) have faced a lot of criticism in India. Majority of opposition parties are protesting against these three laws and so are the farmers from India. To know about the details of whether these laws are white or black we have to understand old system of sale of Farm produces and disadvantages faced by farmers in old system. In older system, Farmers were bound to take their farm produce to mandis, where government procure their produce by means of mandi committees. Tax was further imposed on the farm produce and state government's make their revenue out of that tax.  We have to look at all aspects of old system and new system in detail in order to answer this question "Whether these 3 farm laws are really black in natu...