The last year has been one of tremendous shifts. Businesses across the globe have
been forced to adapt quickly to largely different environment. Diversification will
continue over the remainder of 2021, including the competition law area. This will
bring growth opportunities but also more resistance and ambiguity for organizations
and their legal teams. The recent framework on the idea of foreign direct investment
(FDI) has missed to assess the role of competition laws in encouraging or preventing
FDI inflows. Even after controlling for other potential determinants of these capital
flows, there is a fairly positive correlation between competition laws and FDI inflows.
This is particularly instructive for India’s enactment of its Competition Act, 2002 and
its subsequent positive impact on the country’s foreign investment flows.
Given that FDI generally has a long horizon, multinationals will likely consider
emerging economies with new, or even mature, competition law structures,
eventually leading to open competition and a free market economy. Will ignore any
demand for protection to local firms and industries in favor of promotion.
Understanding that is largely related to competition laws adopted and developed in
developing and transition countries. MNCs, and to a large extent the wider
community of competition lawyers and practitioners, expect the administration and
enforcement of national competition laws in the new jurisdiction to eventually pivot to
a less interventionist and more pro-market nature, if they were not so from the
beginning. This expectation arguably underscores the willingness of MNCs to ignore
any negative perceptions of a new competition law in an emerging economy and
instead embrace the more positive aspects of this new competition law.
Further emphasis is required on the importance of competition laws as a tool for
promoting foreign investment. Policy makers in countries without competition laws
may receive additional incentives for any proposed plans to adopt national
competition laws in their jurisdiction.
In view of the evolution of and key developments in the Competition Law over the
past few years in India, ASSOCHAM is contemplating to organise, the 6 th International (2 Days) Virtual Conference on Competition Law – Risk,
Challenges and Way Forward- on 23rd-24th September, 2021.
Key Focus Areas:
Day 1- Session Theme: Competition Law Enforcement in the Digital Market
Day 2- Session Theme: Merger Control & Trends in Digital Markets
The conference also sets out to cover the impact of tougher merger controls and
foreign investment investigations on M&A strategies; the importance of antitrust
compliance in view of increasing global enforcement; and Collision of antitrust, data
privacy, and consumer protection and tools, policy reforms to tackle challenges in
the tech era & rejigging enforcement priorities.
We take this opportunity to invite your esteemed organization to join us as a
partner and nominate the experts as speakers, and delegates to attend the
Download Event Brochure: Brochure – 23-24 September 2021.pdf
Attendee Registration Links
Day 1: 23rd Sep 2021 Day 2: 24th Sep 2021
Event Details Webpage: https://www.assocham.org/eventdetail.php?id=2181
For speaker, sponsorship, and participation opportunities, or any further details
Mr. Jatin Kochar, Mob: 97119 04890, Email: [email protected]
Mr. Vikash Vardhman, Mob: 90277 88277, Email: [email protected]