The BCCI, a dominant force in Indian cricket, has faced scrutiny under competition laws for its monopolistic practices, including player contracts and media rights. Despite past penalties, meaningful reforms remain absent. The 2023 Competition (Amendment) Act empowers the CCI to impose structural changes rather than just fines, highlighting the need for effective regulation.
Tag Archives: competition law
Criminalisation of Cartel Conduct: A Desirable Change?
“People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices.”Adam Smith When competing business firms form organization, by way of collusion, to indulge in anti-competitive practices aimed at illicitly maximising their profits, then they areContinueContinue reading “Criminalisation of Cartel Conduct: A Desirable Change?”