Outline of the Presentation
          • Competition & its Legislation in India
          • Need for Competition
          • Competition Impact Assessment: Agriculture Product Marketing 
           Sector
          • Competition Impact Assessment: Pharmaceuticals Sector
          • Agenda for Competition Reforms; Agriculture Product Marketing 
           Sector
          • Agenda for Competition Reforms; Pharmaceuticals Sector
          • Concluding with the National Competition Policy
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        Competition & its Legislation in 
        India
        A situation in a market place in which 
         firms/entities or sellers independently strive for 
         the patronage of buyers in order to achieve a 
         particular business objective, such as profits, 
         sales, market share, etc. 
        Competition & its legislation in India has been 
         reactive so far:                  (Draft) 
           MRTP Act      Competitio       National 
            (1969)          n Act        Competitio
                           (2002)         n Policy 
                                           (2011)
    •  Given the market oriented economic planning, 
       a pro-active competition legislation is needed 
       for the country
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      National Competition Policy
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                Need for Competition
                 Promoting & Protecting Consumer 
                               Welfare
                     Promoting/ Checking level-
                                Curbi
                           playing field for 
                                  ng 
                           producers/firms, 
                                marke
                      development of markets, 
                                  t & 
                              enhancing 
                                welfar
                        competitiveness, etc.
                                   e 
                                distor
                                 tions 
                                 from 
                                Govt. 
                                Polici
                                 es & 
   5                            practi
                                  ces
       Aim of the Paper
       
         This paper assesses competition distortions 
        existing in Agriculture Product Marketing 
        and Pharmaceutical sector in India, as a 
        result of government policies, rules and 
        regulations governing the sector
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