Extract

It gives us great pleasure to present to the reader this special issue of the Journal of Antitrust Enforcement on India Competition Law.

This is the second special issue published by the JAE (our first special issue focused on China's Competition Regime). We are grateful to Professor D. Daniel Sokol who has joined us as a guest editor and led the editorial work on this issue.

Our choice to focus on India’s competition regime is apparent. Because of the size of its economy, its population, the rise in foreign investments, and its growing international economic and political presence, India increasingly matters for competition law and policy globally.

Like China, India’s competition law is relatively recent in its implementation. However, scholarly work that examines the law, economics, and policy implications of the Indian competition policy system remains understudied relative to China.

A few factors contribute to this information asymmetry. These include: fewer Indian academics writing in the area, restrictions on the legal profession which forbid foreign law firms to have a physical presence in India (unlike China and Hong Kong, where there are significant number of competition law and economics practitioners which creates an additional source of scholarship), and less overt exercise of industrial policy motivations over effects based analysis than China (which has been the motivation for much of the writing on Chinese antitrust).

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