Cartelization among domestic tyre manufacturers

GS Paper 3  Syllabus: Effects of Liberalisation on the Economy   Source: TH   Context: The Supreme Court issued notices to five tyre companies and the industry body Automotive Tyre Manufacturers’ Association (ATMA).   Background: The All-India Tyre Dealers Federation (AITDF) in a reference to the Ministry of Corporate Affairs (MCA) alleged 5 tyre companies …

Competition law amendments: Of penalties and misses

GS Paper 2/3 Syllabus: Statutory, Regulatory & Quasi-Judicial Bodies/ Effects of Liberalisation on the Economy   Source: LM  Context: The government is set to introduce the Competition (Amendment) Bill (2023 Bill) in Parliament.   Background: The Bill, which seeks to amend the Competition Act, 2002, was first introduced in Lok Sabha by the Finance Ministry …