Competition Commission | Competition Commission Lawyers
Competition Commission Litigation Support Services At Bhatt & Joshi Associates: An Overview
Bhatt & Joshi Associates is a leading law firm in Gujarat, Ahmedabad, providing legal services and litigation support to their clients for Competition Commission matters. Here, we will discuss the functions of the Competition Commission and its constitution under the Competition Act. We will also talk about the role of competition in a fair market economy, the jurisdiction of the Competition Commission, and the latest and landmark judgments on the law.
Functions of the Competition Commission
The Competition Commission of India (CCI) is a statutory body responsible for enforcing the Competition Act, which replaced the Monopolies and Restrictive Trade Practices (MRTP) Act in 2002. The CCI’s primary function is to prevent practices that have an adverse impact on competition, such as anti-competitive agreements, abuse of dominant position, and combinations that cause or are likely to cause an appreciable adverse effect on competition.
Constitution of Competition Commission:
The CCI is a quasi-judicial body consisting of a Chairperson and six members appointed by the Central Government. The Chairperson and members of the CCI must have special knowledge or professional experience in the field of economics, law, commerce, accountancy, industry, or public affairs.
Role of Competition in a Fair Market Economy
Competition plays a vital role in ensuring a fair market economy. It allows businesses to compete fairly, which ultimately benefits consumers. The Competition Act aims to promote and sustain competition in the market by prohibiting anti-competitive practices and ensuring a level playing field for all businesses.
Jurisdiction of Competition Commission
The CCI has jurisdiction over all sectors of the economy, including the public and private sectors. It has the power to investigate and penalize anti-competitive practices, such as abuse of dominant position and anti-competitive agreements. The CCI can also regulate mergers and acquisitions to ensure that they do not have an adverse impact on competition in the market.
Latest and Landmark Judgments
In the recent past, the CCI has delivered several landmark judgments. In 2021, the CCI imposed a penalty of Rs. 200 crore on Maruti Suzuki India Limited for indulging in anti-competitive practices. The CCI also imposed a penalty of Rs. 873 crore on Indian Farmers Fertilizer Cooperative Limited (IFFCO) for price discrimination. These judgments demonstrate the CCI’s commitment to promoting fair competition in the market.
Why Choose Bhatt & Joshi Associates?
At Bhatt & Joshi Associates, we provide comprehensive litigation support services to our clients for Competition Commission matters. Our team of experienced lawyers can assist our clients in filing complaints with the CCI, preparing necessary documents, and representing them before the CCI and the appellate forums, such as the National Company Law Appellate Tribunal (NCLAT) and the Supreme Court.
The Competition Act is crucial legislation that promotes fair competition in the market, and the CCI plays a vital role in enforcing it. Bhatt & Joshi Associates is a leading law firm in Gujarat, Ahmedabad, providing litigation support services to their clients for Competition Commission matters. Our team of experienced lawyers can assist our clients in navigating the complex legal landscape of competition law and ensuring a level playing field for their businesses.
“Equal justice under law is not merely a caption on the facade of the Supreme Court building, it is perhaps the most inspiring ideal of our society.” – Lewis F. Powell Jr.
Bhatt & Joshi Associates, Ahmedabad assemble the finest team of lawyers that have the capability to represent the clients at the High Court of Gujarat.
We, the team of Bhatt & Joshi Associates, Ahmedabad, Gujarat are well-known for our experienced and knowledgable High Court Lawyers with a detailed understanding of Constitutional Law, Administrative Law, Civil Law, Criminal Law, Service Law, Corporate & Company Law, Service Law, Tax Law, and others. Our competent and expert legal team of High Court Lawyers assists and provides advisory to litigants in seeking enforcement of their rights through the various legal and constitutional remedies that they can procure before the High Court of Gujarat. It must be noted and considered that our esteemed High Court lawyers represent the appeal in writ also known as LPA – Letters Patent Appeal. We aim to not just bud our business but provide advisory that is most suited for our client. We analyze and make an informed decision of whether litigation is absolutely necessary to be taken to the High Court or could the matter be resolved internally or through any other strategy whatsoever. We work on the principles of time value, work ethics, transparency and are highly disciplined in our functioning.
About Our Work
We do rigorous and thorough research and aim to deliver timely results to our clients which are not just satisfactory but apt to the circumstance of the case. Our professional High Court lawyers regularly have cross forum experience to enhance their potentials and capabilities. We appear in matters of various corporates, companies, and Individuals to provide the following litigation support services at the High Court of Gujarat:
- Writ Petitions
- Civil Appeals
- Criminal Appeals
- Bail and Anticipatory Applications
- Civil Revision Application
- Criminal Revision Application
- Criminal Misc. Applications
- Civil Misc. Applications
We operate in multiple domains of law practice. Our Practice Areas in the High Court of Ahmedabad, Gujarat are mentioned below:
- Civil Law
- Criminal Law
- White-Collar Offence
- Writ and Constitutional Law
- Administrative Law
- Property Law
- Service Law
- Land Revenue Law
- Corporate & Company Law
- Bankruptcy and Insolvency Law
- SARFAESI Law and RDDBFI Law
- Constitutional Matters –
- Taxation Law
- Direct and Indirect Taxation
A combination of experienced as well as young, and dynamic high court lawyers. They should be skilled at fact collection as sometimes there is more than one conceivable arrangement. Thus, a High Court Lawyer ought to have the ability to assess each pointer before presenting the case. They must have crisp research abilities- understand and analyze important case laws, references, corrections to help the contentions. It must be noted that the High Court is the Court of Record and therefore an intricate understanding and thorough revision is essential to present the argument. Parallelly, representing the argument with utmost convincing ability in front of the presiding judge is equally necessary. Any important fact missed out at the stage of original application affects the case at every stage of appeal. Thus, should be carefully drafted. The High Court Lawyer must have a strong grip over the diverse areas of law and in-depth knowledge of the same. The parameter that could work as a remedy to achieve victory might alter and thus, all possibilities are important.
“A modern economy is marked by the feasibility of endogenous change: Modernization brings myriad arrangements from expanded property rights to company law and financial institutions.”