Competition Policy and the Small Sector Some Emerging Issues / Basant, Rakesh.

By: Basant, Rakesh
Material type: ArticleArticlePublisher: 2000Subject(s): Competition Policy | Small Scale Industries | New Policy Paradigm | Small Entrepreneurs | Small Entrepreneurs And New Policy Parad | Entrepreneurship Research | Entrepreneurshipesearch | Fourth Biennial Conference On Current Tr | Biennial Conference Papers In: Fourth Biennial Conference on Current Trends in Entrepreneur ResearchSummary: Recent years have seen a significant rise in the 'globalisation' of developing economies. The agreements in the Uruguay Round and the emergence of the World Trade Organisation (WTO) has not only liberalised world trade, it has also shifted the focus of multilateral negotiations to 'trade related' policies of member nations. Like several other policies, competition policy is also seen by many as a 'trade related' policy. This has led to a debate, especially in liberalising economies like India, on the need for an appropriate competition policy for economies in transition. The appropriateness of competition policy can be evaluated on various counts, but that is not the purpose of this paper. The paper seeks to explore the implications of current competition policy debates on the small-scale sector in the Indian context. While many analysts recognise that competition law is just one of the policy instruments to create a competitive environment in the economy, policy makers seldom account for interactions between policy instruments in design and implementation of such a law. In particular the complex links between competition policy on the one hand and investment and trade policy on...
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Articles Articles Ahmedabad (HO)
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Recent years have seen a significant rise in the 'globalisation' of developing economies. The agreements in the Uruguay Round and the emergence of the World Trade Organisation (WTO) has not only liberalised world trade, it has also shifted the focus of multilateral negotiations to 'trade related' policies of member nations. Like several other policies, competition policy is also seen by many as a 'trade related' policy. This has led to a debate, especially in liberalising economies like India, on the need for an appropriate competition policy for economies in transition. The appropriateness of competition policy can be evaluated on various counts, but that is not the purpose of this paper. The paper seeks to explore the implications of current competition policy debates on the small-scale sector in the Indian context. While many analysts recognise that competition law is just one of the policy instruments to create a competitive environment in the economy, policy makers seldom account for interactions between policy instruments in design and implementation of such a law. In particular the complex links between competition policy on the one hand and investment and trade policy on...

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