Content and technology solutions provider LexisNexis® launched a new practice area in its Practical Guidance portfolio with Competition Law to provide detailed procedural guidance on the anti-competitive practices along with the compliances and procedure required to initiate and carry out any competition case before the appropriate Commission or Court of Law. Content for the Lexis® Practical Guidance Competition Law practice area, the fifth in the series, covers an insight on the competition practices in EU & UK as well.
Mr. Shreesh Chandra, Senior Director, Content Creation & Acquisition, LexisNexis India-South Asia said during the launch, “The Competition Act, 2002 provides the main statutory framework that defines the typical anti-competitive practices prevailing in Indian markets. The Act not only defines anti-competitive practices but also prescribes a robust mechanism for the competition regulator to assess and even pre-empt such market distortions through an elaborate procedure for inquiry and investigation to collect evidence.”
The Competition Law module discusses the concept, remedy and the compliances required to avoid ‘Anti-competitive Agreements or Cartels’, ‘Abuse of Dominant position’ and ‘Combination or Merger Control’. Further, the objectives of the Competition Act are achieved through the Competition Commission of India (CCI) which has been established by the Central Government with effect from 14th October 2003. The CCI is mandated to achieve these objectives through a process of inquiry, which is followed by the process of investigation i.e. collection of evidence, carried out by the office of Director General (DG). This module also discusses the legislative procedure before the CCI and the appellate authorities, including Competition Appellate Tribunal (COMPAT), High Courts and the Supreme Court of India.
Authored by a panel of respected law firms with diverse backgrounds and areas of specialization, such as Cyril Amarchand & Mangaldas, Economic Laws Practice, Trilegal, Khaitan & Co., AZB & Partners and Nishith Desai Associates, Vaish Law & Advocates, it gives legal practitioners the tools to access comprehensive and up-to-date information with practical aids to execute tasks.
During the launch Mr. Vikesh Dhyani, Director Marketing & Innovation, LexisNexis India-South Asia, said, “Lexis® Practical Guidance solution is the first of its kind in India and follows on from successful launches in the US, UK, Australia, New Zealand, China, Hong Kong and Singapore. It provides users with online access to guidance material and authoritative commentary authored by expert practitioners in their field. It also includes checklists, legislation, relevant case law, step-by-step processes, document forms and precedents, flowcharts and direct links to useful external content. It empowers our customers to quickly get the right answers and guidance even in unfamiliar areas of law thereby boosting their productivity significantly.”
Source : SAT Press Releases