Competition Act, 2002 (3rd Edition, 2026)
- Year of Publication: 2026
- Edition: 3rd
- ISBN: 978-93-47779-07-7
- No.of Pages: 389
The first edition of this book was published in 2012 and has commanded overwhelming response from different clientele of readership. In fact, the book has over the years enjoyed the reputation of a standard work amongst the students of Law, Commerce, Economics, Business Management, Public Administration, C.A., C.S., etc. and for those appearing in competitive examinations. There has been a significant growth of Competition Law at the National as well as International levels. The Third Edition maintains focus on all the statutory and other developments that have happened till date.
In the last few years, there has been a significant growth of Indian markets and a paradigm shift in the business operation. Responding to these economic developments, emergence of various business models, and the experience gained out of the functioning of the Competition Commission of India, the Competition Act was amended in 2023. The Competition (Amendment) Act, 2023 introduced several key reforms to enhance and encourage the ease of doing business. The amendments included making assessment for combinations, time bound and quicker; introduction of ‘settlement’ and ‘commitment’ framework to reduce litigation; broadened the scope of anti-competitive agreements; hub-and- spoke contents; ‘leniency plus’ provisions, etc. This edition makes full account of all the amended provisions.
Dr. V.K. Agarwal obtained his B.Sc., LL.B. and LL.M. from University of Delhi in 1972, 1975 and 1977, respectively. A brilliant scholar during his academic pursuits, he was awarded prizes and merit scholarships for securing positions in LL.B. as well as in LL.M. In 1986, he was awarded Ph.D. in Law by Kurukshetra University. He joined as Lecturer in the Department of Law at Kurukshetra University in 1978 and was elevated as Reader in 1987 and as Professor in 1994. He is a distinguished law teacher and researcher. He has been Chairman, Department of Law; Director, Institute of Law; Dean, Faculty of Law; Dean, Academic Affairs; and Registrar, Kurukshetra University.
He has also served as Deputy Legal Adviser, Ministry of Law and Justice, Government of India, New Delhi. He was Vice Chancellor, Jagan Nath University, Jaipur for more than 6 years, before joining as Pro Chancellor in the same University.
Bharat is a 'trade-name' for a group of concerns, popularly known as Bharat Law House and Bharat Law House Pvt. Ltd. Bharat is one of the most reputed publishers of law books with an experience of over six decades. It possess a very diverse range of publications covering not only the area of taxation - direct and indirect - but also company law, insolvency capital market, finance, industrial law, foreign exchange, commercial, civil and criminal laws. The students publications for CA, CS, CMA, CFA, MBA, graduate and post-graduate studies have carved out a niche for themselves. The Publication House has a professionally qualified team with strong in-house capabilities. Their strength lies in the patronage of legal luminaries in every field. They strive for accuracy, authenticity and sincerity.
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- Year of Publication: 2026
- Edition: 3rd
- ISBN: 978-93-47779-07-7
- No.of Pages: 389
The first edition of this book was published in 2012 and has commanded overwhelming response from different clientele of readership. In fact, the book has over the years enjoyed the reputation of a standard work amongst the students of Law, Commerce, Economics, Business Management, Public Administration, C.A., C.S., etc. and for those appearing in competitive examinations. There has been a significant growth of Competition Law at the National as well as International levels. The Third Edition maintains focus on all the statutory and other developments that have happened till date.
In the last few years, there has been a significant growth of Indian markets and a paradigm shift in the business operation. Responding to these economic developments, emergence of various business models, and the experience gained out of the functioning of the Competition Commission of India, the Competition Act was amended in 2023. The Competition (Amendment) Act, 2023 introduced several key reforms to enhance and encourage the ease of doing business. The amendments included making assessment for combinations, time bound and quicker; introduction of ‘settlement’ and ‘commitment’ framework to reduce litigation; broadened the scope of anti-competitive agreements; hub-and- spoke contents; ‘leniency plus’ provisions, etc. This edition makes full account of all the amended provisions.
Dr. V.K. Agarwal obtained his B.Sc., LL.B. and LL.M. from University of Delhi in 1972, 1975 and 1977, respectively. A brilliant scholar during his academic pursuits, he was awarded prizes and merit scholarships for securing positions in LL.B. as well as in LL.M. In 1986, he was awarded Ph.D. in Law by Kurukshetra University. He joined as Lecturer in the Department of Law at Kurukshetra University in 1978 and was elevated as Reader in 1987 and as Professor in 1994. He is a distinguished law teacher and researcher. He has been Chairman, Department of Law; Director, Institute of Law; Dean, Faculty of Law; Dean, Academic Affairs; and Registrar, Kurukshetra University.
He has also served as Deputy Legal Adviser, Ministry of Law and Justice, Government of India, New Delhi. He was Vice Chancellor, Jagan Nath University, Jaipur for more than 6 years, before joining as Pro Chancellor in the same University.
Bharat is a 'trade-name' for a group of concerns, popularly known as Bharat Law House and Bharat Law House Pvt. Ltd. Bharat is one of the most reputed publishers of law books with an experience of over six decades. It possess a very diverse range of publications covering not only the area of taxation - direct and indirect - but also company law, insolvency capital market, finance, industrial law, foreign exchange, commercial, civil and criminal laws. The students publications for CA, CS, CMA, CFA, MBA, graduate and post-graduate studies have carved out a niche for themselves. The Publication House has a professionally qualified team with strong in-house capabilities. Their strength lies in the patronage of legal luminaries in every field. They strive for accuracy, authenticity and sincerity.
