Editorials/Opinions Analysis For UPSC 19 April 2022
Contents
- The Process of Cartelization
- Confidentiality ring amendment and its impact on antitrust disputes
The Process of Cartelization
Context
Competition Commission of India (CCI) has fined 11 firms for of bid rigging, cartelization in Indian Railways tenders.
Relevance
GS-III: Indian Economy and issues relating to Planning, Mobilization of Resources, Growth, Development and Employment.
Dimensions of the Article
- What is a Cartel?
- What is Cartelization?
- Philosophy behind
- How do they work?
- How do cartels hurt?
- Are there provisions in the Competition Act against monopolistic prices?
- What is the penalty for cartelization?
- How might cartels be worse than monopolies?
- How to stop the spread of cartelization?
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Confidentiality Ring Amendment and Its Impact on Antitrust Disputes
Context
Amazon (the defendant) decided to take the confidentiality route towards its submissions in an order dated March 7 passed by the DG-CCI on the Amazon dispute.
Relevance
GS-III: Indian Economy and issues relating to Planning, Mobilization of Resources, Growth, Development and Employment.
Dimensions of the Article
- About the Confidentiality Ring
- Adoption of Confidentiality ring by CCI
- Issues with the CCI adoption of the Confidentiality Ring
- Way Forward
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