Taxmann’s Competition Laws Manual with Case Laws Digest

Description

Competition Laws Manual with Case Laws Digest is an authoritative and up-to-date reference that focuses on India’s competition (antitrust) regime. This Edition incorporates all amendments and notifications, including the most recent changes made by the Competition (Amendment) Act 2023. The Manual explains the legal, economic, and procedural aspects of anti-competitive agreements, abuse of dominant position, and the regulation of mergers and acquisitions (combinations). It also provides extensive guidance on the workings of the Competition Commission of India (CCI) and the National Company Law Appellate Tribunal (NCLAT), supplemented with a comprehensive digest of case laws. By weaving together statutory provisions, rules, regulations, notifications, and insightful commentary, the book serves as a comprehensive one-stop resource for readers. It highlights the day-to-day implications of competition law in India, offers analyses of leading judicial precedents, and includes practical checklists and procedural guides for compliance.

This book is intended for the following audience:

Practitioners & Lawyers – Ideal for advocates and law firms specialising in corporate, commercial, and competition litigation, offering quick references and detailed expositions on Competition Act provisions
In-house Legal Teams & Compliance Officers – Detailed coverage of notification requirements, merger regulations, and settlement/commitment provisions helps corporate counsel and compliance professionals
Chartered Accountants, Company Secretaries & Cost Accountants – Aids professionals involved in regulatory compliance, filings, and advisory work for competition law aspects of M&A, joint ventures, or business agreements
Academics & Students – An excellent academic resource for coursework and research with detailed commentary, legislative history, and case digests
Policy-makers & Regulators – Reference material for authorities needing to align policies with competition principles and track legal developments in competition jurisprudence
The Present Publication is the 14th Edition | 2025, amended upto 2nd June 2025. This book is authored/edited by Taxmann’s Editorial Board with the following noteworthy features:

[Incorporates the Latest Amendments] Covers the Competition (Amendment) Act 2023 in detail, explaining each amendment and its practical impact
[Comprehensive Commentary & Analysis]
Detailed discussions on anti-competitive agreements (including cartels), abuse of dominant position, and combination regulations
Insightful interpretations of new concepts like ‘material influence,’ expanded powers of the Director General, settlement and commitment provisions, and ‘global turnover’ for penalty computation
[Structured Presentation]
Clear demarcation of statutory provisions, rules, regulations, notifications, and circulars
Systematic arrangement of chapters reflecting the actual flow of the Competition Act, along with paraphrased commentary, relevant highlights, and tabular summaries
[Extensive Case Laws Digest]
The book ends with a robust digest of landmark judgments by the Supreme Court, NCLAT, and the CCI
Digest includes nuanced rulings on cartels, dominance, mergers, penalties, and jurisdictional aspects
[Procedural Guidance & Practical Tools]
Step-by-step procedures for filing information, references, merger notifications, and appeals
Templates and references for forms (e.g., Form I, Form II, and Form III) under Combination Regulations
Explains the interplay between the Competition Commission, the Director General, and the Appellate Tribunal
[Competition Advocacy Insights] Special coverage on competition advocacy, highlighting advisory and awareness-building functions of the CCI
The coverage of the book is as follows:

Legislative Material
Full, updated text of the Competition Act 2002, amended by the Competition (Amendment) Act 2023
Notifications, rules, and regulations (e.g., Combination Regulations, Lesser Penalty Regulations, Settlement & Commitment Regulations) systematically compiled
Section-by-section Commentary
Guidance under each section of the Competition Act, including interpretation notes and relevant case law references
Procedural & Enforcement Framework
Roles, powers, and functions of the Competition Commission of India
Detailed coverage on the Director General’s enhanced investigative powers under the 2023 amendments
Procedures for inquiry, interim orders, penalty imposition, and appeals
Penalties & Enforcement
Explanation of penalty provisions, including the newly introduced ‘global turnover’ concept and lesser penalty for cartels
Detailed guides on penalty computation, show cause notices, and hearing processes
Settlements & Commitments
Newly inserted legal provisions on the settlement after the Director General’s report and commitment before the conclusion of the investigation
Step-by-step procedures, potential benefits, and restrictions on these mechanisms
Combination Regulations & Mergers
Mandatory notification requirements; analysis of the 150-day’ cooling period’
Definition of ‘control’ amended to ‘material influence’ and coverage of the ‘value of transaction’ threshold (₹2,000 crores)
Exemptions (e.g., for open offers, certain financial institutions), penalty for non-notification, and scope of CCI’s remedial powers
Special Topics
Overriding effect of the Act, interplay with other laws, and special provisions covering consumer protection, IP rights, and public interest
Discussion of cross-border mergers and extraterritorial jurisdiction of CCI
Case Laws Digest
Exhaustive discussion of key judgments shaping Indian competition jurisprudence: from classic cartel decisions to modern digital markets (e.g., matters concerning Google, telecom disputes, etc.)
Summaries arranged by topic for quick reference