Competition Law  (English, Textbook, SC Tripathi)

Competition Law is a vital legal framework that ensures fair competition in markets by preventing anti-competitive practices such as price-fixing, monopolies, and market manipulation. It regulates mergers and acquisitions, prohibiting business practices that harm consumer welfare, stifle innovation, or restrict market access. By promoting healthy competition, it leads to lower prices, improved quality, and increased innovation, benefiting consumers and businesses alike. With the rise of digital economies and global trade, Competition Law has evolved to address new challenges in technology, market dynamics, and cross-border cooperation, ensuring a fair, transparent, and efficient marketplace for all stakeholders.