Here’s the press release…
Gurgaon, Haryana, January 15, 2013 /India PRwire/ — CCH India, a Wolters Kluwer company has published a supplement to Indian Competition Law: an international perspective authored by Suzanne Rab, Partner with international law firm King & Spalding in the Antitrust Practice.
The supplement titled “INDIAN CEMENT CARTEL ORDER an international comparative analysis” is an update to the title published in the market in May 2012. It is published in response to interest from the market in this fast moving area of law. It covers developments since the main work, where significant issues in the area of cartel regulation emerged after finalisation of the main manuscript.
The supplement provides an in-depth analysis of the Competition Commission of India’s decision in the cement cartel case in June 2012 where it fined eleven cement manufacturers and a trade association INR 6300 crore for alleged cartelisation of the cement market in India. The decision remains subject to appeal. Other important developments include fines imposed on Karnataka Film Chamber of Commerce & Ors. in February 2012; LPG in February 2012; Kapoor Glass v Schott Glass in March 2012; Aluminium Phosphide Tablets in April 2012; Chemists and Druggists Association of Goa in June 2012 and Fastway in July 2012.
The original work outlines the benefits – as well as the challenges – in instituting and navigating a new competition law in an emerging economy like India. The book features an appraisal of the Indian competition law and policy from international and comparative perspectives, including insights from the EU, UK and US.
Commenting on the recent developments, Ms Rab says, “Many of these later cases have involved violations of section 3 of the Competition Act dealing with restrictive agreements or cartels. It will be recalled that in the earlier years and as noted in Chapter 8 of the main book ‘a notable feature of the CCI’s initial case record has been the weighting of abuse of dominance relative to cartel cases’ but later developments indicate a shift in emphasis. The focus of this supplement is the cement case as raising many of the most fundamental issues in terms of the right approach to evidence, analysis and policy facing Indian competition law enforcement to date.”
About the Author:
Suzanne Rab is a UK qualified lawyer in the London office of international law firm King & Spalding and is a Partner in the Antitrust Practice. Suzanne advises clients across all areas of European and UK competition law. She has particular experience advising on transactions, investigations and behavioural matters, including in proceedings before the UK competition and regulatory authorities and the European Commission.
Suzanne is a frequent contributor to a number of leading legal and trade publications and regularly speaks on a variety of competition-related topics including merger control, cartel regulation and the role of economics in competition cases.
