Issue 03 – Regulation in Developing Countries – Growing Pains of the Indian Merger Review Regime

Archana G Gulati, July 2015

Enacting elements of Competition law in developing countries can be difficult as there will be a vested interest in maintaining status quo i.e. the undeserved profits (arising from lack of competition) which powerful and dominant firms enjoy, at the cost of the consumer and the economy. Attempts by the Regulator to correct this imbalance by making the rules of the game explicit or stringent are unlikely to be welcomed.

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