Are You An "Enterprise"?

No allegation of abuse of dominance can be made against an entity which is not an "enterprise". Talking Competition gives a low-down on whether your business qualifies as an "enterprise" for the purpose of Competition Law analysis.

Seldom does a new legislation hope to have the impact on business conduct in the manner the modern Competition Law regime has in India.

Even though the law has been in force for less than six years, the hefty fines imposed by the Competition Commission of India (CCI) have made the business community sit up and take notice. In the last three years alone the competition regulator has imposed penalties in excess of INR 12,000 Crores on 322 entities. Unsurprisingly, corporates have been rudely awakened to the need for competition compliance and are scrambling to set up systems to include Competition Law in their due diligence and compliance audits.