<p> India's fair trade watchdog will now undertake intense analysis of multi-sided high-technology markets involving network industry and more complex markets requiring greater understanding of economic theories, anti-trust analysis and theories of harm, a top official said here on Saturday.<br /><br /></p>.<p>"Recent development about net-neutrality and other high-tech issues is an area where the Commission will be stressing..," said Competition Commission of India (CCI) member S.L. Bunker.<br /><br />Speaking at the 3rd International Conference on "Competition Law: Successes, challenges & reforms", organised by the Associated Chambers of Commerce and Industry of India (ASSOCHAM), he said: "Without undermining importance of what the Commission has already done, I would like to highlight that so far enforcement has been mainly focussed on basic industries and commodities."<br /><br />"In combination and mergers & acquisitions (M&As) side, there has been lot of work, the Commission has been very-very proactive and so far we have already approved around 250 cases in a remarkable self-imposed time schedule of less than 30 days," he added.<br /><br />The CCI member further said trade associations have been mainstream for the panel to deal with, especially in pharmaceutical sector from where lot of issues have come.<br /><br />"Sometimes the associations while pursuing their legitimate business interest cross the line and indulge in anti-competitive activities thereby creating lot of market distortions," he said.<br /><br />"We have passed many orders in such cases thereby penalising the parties and association members as well," he said, adding the CCI treats a cartel "as the most pernicious violation of competition law" as it strives to ensure competitive neutrality and level playing field among market participants.<br /><br />Bunker also said that the CCI does not discriminate amongst private businesses and government departments. <br /><br />"There is a complete impartiality either it is a government department or private industry.. if competition law's violation takes place, then the commission does not give any kind of difference as maintaining competitive neutrality is the main consideration."</p>
<p> India's fair trade watchdog will now undertake intense analysis of multi-sided high-technology markets involving network industry and more complex markets requiring greater understanding of economic theories, anti-trust analysis and theories of harm, a top official said here on Saturday.<br /><br /></p>.<p>"Recent development about net-neutrality and other high-tech issues is an area where the Commission will be stressing..," said Competition Commission of India (CCI) member S.L. Bunker.<br /><br />Speaking at the 3rd International Conference on "Competition Law: Successes, challenges & reforms", organised by the Associated Chambers of Commerce and Industry of India (ASSOCHAM), he said: "Without undermining importance of what the Commission has already done, I would like to highlight that so far enforcement has been mainly focussed on basic industries and commodities."<br /><br />"In combination and mergers & acquisitions (M&As) side, there has been lot of work, the Commission has been very-very proactive and so far we have already approved around 250 cases in a remarkable self-imposed time schedule of less than 30 days," he added.<br /><br />The CCI member further said trade associations have been mainstream for the panel to deal with, especially in pharmaceutical sector from where lot of issues have come.<br /><br />"Sometimes the associations while pursuing their legitimate business interest cross the line and indulge in anti-competitive activities thereby creating lot of market distortions," he said.<br /><br />"We have passed many orders in such cases thereby penalising the parties and association members as well," he said, adding the CCI treats a cartel "as the most pernicious violation of competition law" as it strives to ensure competitive neutrality and level playing field among market participants.<br /><br />Bunker also said that the CCI does not discriminate amongst private businesses and government departments. <br /><br />"There is a complete impartiality either it is a government department or private industry.. if competition law's violation takes place, then the commission does not give any kind of difference as maintaining competitive neutrality is the main consideration."</p>