Abstract
Exemptions and exceptions under the Competition laws are commonly granted under various jurisdictions. The author examines the economic rationale behind the granting of these exemptions especially focusing on the practices prevalent in USA, Canada, European Union, UK, Australia, New Zealand and Japan. Identifying various similarities the world over, the author segregates the generally exempted economic activities into four categories and reasons as to why a given activity is exempted. In the end, the article deals with exemptions in the Indian context and in the light of international experience, recommends the incorporation of basic economic principles in the exemption policy of India.
Recommended Citation
Sharma, M. M.
(2013)
"Economics of Exemptions from Competition Law,"
National Law School of India Review: Vol. 24:
Iss.
2, Article 5.
Available at:
https://repository.nls.ac.in/nlsir/vol24/iss2/5
