Unfair Competition

Fairness in the markets is absolutely essential for its sustainability and development. When there is perfect competition in the market, the consumer is sovereign, as his welfare is maximized. However, in reality, the markets are imperfect and the invisible hands in Adam Smithas theory do not always favor the consumers interest. Consequently, we require an external regime to maintain contest-ability and fairness in markets.
Thus all modern competition laws contain specific provisions against anti-competitive and monopolistic behavior. Unfair competition and antitrust law, include misuse of intellectual property, standard-setting organizations, licensing restrictions, marketing and distribution practices, pricing issues, joint ventures, and mergers and acquisitions. In India, it is regulated under Competition Act, 2002. Astrea lawyers have frequently handled cases dealing with many kinds of Unfair Competition Practices and obtain legal remedies for our clients. We have the resources necessary to deal with most antitrust or unfair competition cases team specializes in all aspects of competition law: cartels, leniency applications, anti-competitive agreements, concession arrangements, abuse of a dominant position etc.

We provide services in various aspects of Unfair Competition which includes:

• Competition Law Litigation
• Domestic Trade policies consultancy
• Consumer Right
• FDI norms, FEMA