Utkarsh Sharma Part 1 Description Since its inception, blockchain technology has been a contentious topic, as its utility and potential dangers have been contested. Smart contracts and antitrust regimes are such a subtopic of this larger discussion. In this blog, I will first define smart contracts and then consider the potential for smart contracts to... Continue Reading →
Analysing the impact of recent Tax Rulings on International Trade: A Case Study on MFN Clause Interpretation
Sidhant Singh Introduction The Supreme Court (SC) of India has recently delivered a landmark judgment interpreting the Most Favoured Nation (MFN) clause in Double Taxation Avoidance Agreements (DTAAs). In this case (Assessing Officer Circle (International Taxation) 2(2)(2) New Delhi vs. Nestle SA) the matter was related to the determination of the applicable date for invoking... Continue Reading →
Price parity clauses in the digital era: A Competition law concern
by Pranav Pathak Synopsis The push into the digital age also brings with its new challenges. The blog tends to deal with the new business practice i.e. “Price Parity Arrangement” and its implications in Competition Law. The arrangement evidently gives edge to platforms that impose such clauses in the market. Considering the customer sensitivity to price, the... Continue Reading →
NUJS SITC HOLDS THE FOURTH LECTURE IN THE NUJS- CCI LECTURE SERIES
The NUJS Centre for Competition Law, in collaboration with the Society of International Trade and Competition Law at NUJS, conducted the fourth lecture of the CCI-NUJS Lecture Series. The Hon’ble Director of the Competition Commission of India, Shrimati Sayanti Chakrabarti, delivered the fourth lecture. Her lecture revolved around the theme "Regulations of Competition in Digital... Continue Reading →
Indian Imposes Anti-Dumping Duty on Chinese, EU Steel Products
In a bid to protect domestic players in the steel industry, India has imposed an anti dumping duty for a duration of 5 years against steel products from China and the European Union based on the recommendations by the Directorate General of Anti-Dumping and Allied Duties (DGAD). DGAD found that certain steel products were exported... Continue Reading →
News: Change of Guard at CCI
On January 7th Devender Kumar Sikri was appointed the Chairman of the Competition Commission of India (CCI), a body whose primary responsibility is to ensure the effective enforcement of the Competition Act, 2002 and to keep a check on anti-competitive activities. He is set to replace Mr. Ashok Chawla, whose four year term ended on... Continue Reading →
Pros and Cons of India joining the GPA
The Agreement on Government Procurement (‘GPA’) is a plurilateral agreement at the WTO. This implies that all WTO members at their option can become parties to the Agreement (https://www.wto.org/english/tratop_e/gproc_e/gpa_1994_e.htm). The GPA has 45 WTO members and 30 observers in the GPA Committee as observers. 10 of these members are in the process of acceding to... Continue Reading →
PART II, SECTORAL REGULATION: SEARCH FOR ALTERNATIVE MODELS – EVALUATION OF THE UNITED KINGDOM’S CONCURRENCE-BASED COMPETITION-REGULATORY REGIME
The leading authority for enforcement of competition law in the UK is the Office of Fair Trading (OFT). However, its powers to enforce both EU and UK competition law are shared with other sectoral regulators. The term ‘concurrent powers’ refers to the powers to apply competition law in particular sectors, exercisable by either the relevant... Continue Reading →