The future of Antitrust in the age of Smart Contracts: Implications and Challenges for Enforcement Agencies

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 →

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 →

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 →

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