Browsing Category »Competition Law«

Ramdev Wants Black Money, Competition Law Wants a Fair Economy

June 7, 2011

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Ramdev Wants Black Money, Competition Law Wants a Fair Economy

“While the law of competition may be hard for the individual, it is the best for the human race because it ensures the survival of the fittest in every department.” -Andrew Carnegie, American industrialist. Introduction Once upon a time, in 1879, in a country we know today as the United States of America, certain unique […]

All Fair In Love and War…..But Not in the Economy

May 28, 2011

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All Fair In Love and War…..But Not in the Economy

“Competition is not only the basis of protection to the consumer, but is the incentive to progress.” – Herbert Hoover (American President, 1874-1964) Great words by a great man. However, President Herbert Hoover had somewhat erred while making this statement. He only said ‘competition’, whereas he should have stressed on ‘fair competition’. Competition is present […]

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