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ARTICLE · 20 MAY 2020

Covid 19: Spotlight On The Competition Law Regime In India

King, Stubb & Kasiva
King, Stubb & Kasiva
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King, Stubb & Kasiva

King, Stubb & Kasiva

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The outbreak of COVID 19 has impacted the businesses tremendously all across the world. It has brought economies to a standstill, pushing the world into recession.

IndiaAntitrust/Competition Law

The outbreak of COVID 19 has impacted the businesses tremendously all across the world. It has brought economies to a standstill, pushing the world into recession. While there are certain specific sectors such as tourism, aviation, automobile, entertainment, hospitality, import-export, etc. which are severely affected, sectors dealing in essential commodities such as healthcare, pharma, telecom, FMCG& retail, etc. will benefit immensely during this time of crisis as these industries will be flooded with unprecedented demand in the market. The link between the financial growth and competition has been predominant during the times of economic recession and therefore, businesses that are facing the wrath of the pandemic are looking for any aid available in order to survive. Though the organisations would not be having competition law on their priority list of concerns right now, any kind of unethical collaboration in the current situation would have an adverse effect on

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