Mid Term Examination, September- 2016
B.A.LL.B. (HONS.)
SEMESTER IX
COMPETITION LAW (OPT.-II)
Max. Marks: 20 Max. Time: 1:30 Hrs.
Note: Answer any TWO questions out of three. All questions carry equal marks.
1. Ulrich Schwalbe (Department of Economics, University of Hohenheim, Germany) and Frank
Maier-Rigaud (OECD) expressed at Policy Roundtables OECD in 2012 that: "Market definition is
one of the most important analytical tools for competition authorities to examine and evaluate
competition problems. By defining a relevant market, then calculating and assigning market
shares, competition authorities seek to assess the market power of firms, which is of central
importance to understand competition effects. In addition, the definition of the relevant market
helps to identify the market participants, to delineate the boundaries of the market and to
determine the area of effective competition."
Discuss the abovementioned paragraph in the light of the Competition Act, 2002. (Marks 10)
2. Discuss briefly the historical development of competition law in the United States. Also discuss
different committees responsible for the enactment of a new competition law in India. (Marks 10)
3. Write a detailed note on the following: (Marks 5×2=10)
a. Bid Rigging and its various types.
b. Discuss Resale Price Maintenance and its relevance as one of the vertical restraints
under the Competition Act, 2002.