The MRTP Act 1969 became antiquated in the wake of modernization and globalization, paving the way for enactment of the Competition Act 2002. This Act’s objectives are to ensure fair and free competition in the marketplace and to penalize those who contravene provisions of the Act. This Act is inherently more powerful yet simpler than the MRTP Act, in line with the current government approach and marketplace practices.
Since there are many different provisions in the law such as checking anti-competitive practices, keeping dominance in check, preventing adverse effect on competition and maintaining interests of consumers among other objectives, companies have to be careful in adhering to the law in their marketing and sales policies. Violations are always possible and competitors may also launch litigation under the Act.
Hari Global Advisory Services has a separate division dedicated to IP and Competition Law with various services being offered of exemplary standards by a team of qualified and experienced experts. Our engagement assures full compliance with the Act for businesses that are newly started and also for existing businesses, we find out lacunae and help address them to help clients stay fully compliant and protected. Our experts help take action that is the best preventive measure and compliance is guaranteed.
Still, however, there are instances where companies are accused of contravening provisions of the Act and have become the object of investigation and legal processes. In such cases we come to the rescue and take on cases under the Competition Act to ensure full justice and to clear the good name of clients so unfairly accused of breaches.
In the event you suspect that competitors are following unfair practices that are affecting your markets and sales, Hari Global Advisory Services swings into action to pursue litigation and bring such offenders to book.
Hari Global Advisory Services uses its legal expertise for the benefit of its clients. Retain us and you will never face issues.