COMPETITION LAW AND POLICY

摘要

It consists of "those Government measures that directly affect the behaviour of enterprises and the structure of industry". It comprises of a set of competition enhancing policies such as liberalized trade policy, relaxed FDI policy, deregulation, privalization etc. (almost all Government measures directly affecting the conduct and behaviour of enterprises and structure of industry to promote efficiency and maximise welfare are covered) and Competition low to prevent anti-competitive practices. Its on umbrella set, of which Competition (law is a subset which can be described as a legislative enactment having enforceability in a Court of law and providing legal backing for implementation of competition policy.