CLEN Discussion Group: India’s Competition Law Reform Journey
The competition law in India enacted in 1969 was designed as a licencing law in the traditional socialist mould, which considered big as bad and profit was a dirty word. But that changed after the adoption of market reforms in 1990 which resulted in a modern competition law in 2002 (implemented effectively in 2007), which consigned the idea of big-being-bad to the dustbin, with another paradigm shift: from a rule of law to a rule of reason approach. How has the new competition law evolved and what are its current challenges? This presentation will provide insights on these questions by one of India’s leading figures in this area.
Mr Pradeep Mehta, Secretary General and Secretary
Mr Pradeep Mehta
Secretary General and Secretary
CUTS International and CUTS Institute for Regulation & Competition
Mr. Pradeep S Mehta (68) is the founder Secretary General of the Jaipurbased Consumer Unity & Trust Society (CUTS International), a leading economic policy research, advocacy and networking, nongovernmental group in India, with offices in Nairobi, Lusaka, Accra, Hanoi and Geneva. CUTS was established in 1983 and has completed 30 glorious years. He has studied commerce at the Calcutta University and law at the Rajasthan University, Jaipur. In April, 2012, Mehta has been nominated to the High Level Stakeholders Panel of WTO on Defining the Future of Trade. He has been Honorary Adviser to the Commerce & Industry Minister of India and NGO Adviser to the WTO Director General from 2002 to 2005. Recently he has been a Member of the Planning Commission’s Steering Committee on Industry and Chairman of its Task Force on National Competition Policy. Further, he has also Chaired Ministry of Road Transport and Highways’s Working Group on Road Safety Education. He serves on several policymaking bodies of the Government of India and Inter Governmental Organisations related to trade, investment, competition, environment and consumer affairs. He chairs the advisory committee of the South Asia Watch on Trade, Economics and Environment (SAWTEE), Kathmandu. In the past, he has served on the governing boards of the International Centre for Trade and Sustainable Development (ITCSD); Geneva, Consumer Coordination Council, New Delhi and on the Global Policy and Campaigns Committee on Economic Issues of Consumer International, London. A prolific writer, gifted speaker, skilled trainer and organizer in the social science field, Mehta has been named as one of the 30 most famous columnists in India by a leading newspaper in India. He has published/edited several books and papers on trade, investment, competition and development.