About Competition Law
What is ‘Competition’?
In the context of markets, competition is the rivalry between entities or companies selling similar products and services, with the goal of achieving growth, revenue, profit, and market share increment.
A competitive market is one in which numerous producers compete with each other, to satisfy the wants and needs of their consumers.
Why is it Important?
Market competition motivates entities or companies to increase their sales, by appropriately utilizing or improving their products, their pricing, the locational advantage, as well as promotional strategies.
This ultimately benefits the consumer, as they receive better quality or reasonably priced products, as the producers try their best to beat their competition.
Why is Competition Law necessary?
To gain undue advantage, some producers often distort the natural functioning of the market by indulging in unfair practices, which either impede or eliminate competition.
Such practices not only make it difficult for smaller companies to enter or succeed in a market, but they also result in higher consumer prices, poorer service, and less innovation.
Accordingly, the body of legislation that intends to prevent such market distortion, caused by anti-competitive practices by producers, is a competition or antitrust law.
To put it simply, competition law ensures a fair marketplace for consumers and producers, by prohibiting unethical practices designed to gain greater market share, than what could be realized through honest competition. Essentially, it prevents the exploitation of the whole market.
Why should you be a Competition Lawyer?
Owing to globalization, rapid industrialization, as well as unprecedented economic and commercial growth in the last few decades, market competition has increased by leaps and bounds.
Competition law regulates such growth fairly and efficiently; accordingly, competition lawyers are inundated with ample opportunities. Career prospects in competition law have significantly increased lately, and there exist limitless requirements for legal advice on competition issues, by all kinds of industries, law firms, and policy houses.
About the Course
Our online 16 Self-Paced Learning Modules on Competition Law will teach you the basic, as well as the advanced concepts of competition law. Not only will you get a grip of the fundamentals, but you will also be introduced to the nuances of the subject, from an extremely practical perspective.
Designed for law students and young lawyers, the intensive reading materials will ensure that you know everything there is to know about this emerging, exciting, and futuristic area of law.
Through these materials, our aim is that law students know about competition law, use that knowledge to perform well in their competition law internships, and young lawyers to become well-versed in the subject area, to secure further opportunities.
About Lawctopus Law School
Conceptualized and kick-started in May 2019, and formally launched in March 2020, Lawctopus Law School has taught a wide range of practical skills to over 9000+ law students, young lawyers, professionals, academicians, and business people in the last 18 months.
Over 2000 students have rated our courses and the average rating is 92.6/100 call our online courses a ‘warm’ learning experience!
At LLS, our courses are developed by subject matter experts (practitioners and academicians) and these courses are a mix of rigorously researched reading modules, recorded lectures by industry experts, weekly live sessions by experts, assignments (with personalized feedback), special, add-on career webinars, and the now famous ‘warmth and care’ of LLS.
In fact, our courses on Legal Research and Writing, Contract Drafting and Negotiation, Litigation Basics, ODR, IPR (with separate modules too for Trademarks, Copyrights, and Patents), Applying for LLM Abroad, Legal Notice Drafting, Mooting, and test prep mocks have transformed how people look at legal education and online legal education.
Structure of this Course
The reading modules holistically cover all aspects of the subject – be it the inception of competition law, the concepts covered in various legislations, the contemporary issues, and cases in this area, as well as practice-oriented matters.
A brief overview of the primer’s structure is given as follows:
Module 1: Introduction to Competition Law
The module will cover the historical evolution of competition law in major legal jurisdictions, including the United States and India. It will also talk about the jurisprudential, and theoretical basis of competition law.
Module 2: Competition Law in India – An Overview
The module explains the legislative and policy basis for Indian competition law. It will provide an overview of the Competition Act, 2002, relevant regulations, and major concepts therein. It will also provide an explanation of the composition, and functions of the Competition Commission of India.
Module 3: Anti-Competitive Agreements
This module will explain concepts of appreciable adverse effects on competition, the role of market power in Section 3 cases, as well as various kinds of horizontal and vertical agreements that can be deemed anticompetitive. It will primarily focus on Indian case laws pertaining to these concepts. It will also explain various sub-sections provided under Section 3 of the Competition Act.
Module 4: Abuse of Dominance
This module will explain the theoretical basis for the concepts of dominance, relevant market, and abuse of dominance. It will primarily focus on Indian case laws pertaining to these concepts. It will also explain various sub-sections provided under Section 4 of the Competition Act.
Module 5: Merger Control
This module will provide the theoretical basis for the merger control regime in India. It will also provide insight pertaining to concepts of control, gun-jumping and other associated concepts.
Module 6: How to bring a case before the Competition Commission of India [Practice Oriented]
The module will walk the participant through the process of filing information, preparing for the preliminary conference, and DG investigations. The module will explain the process till the conclusion of the case. It will also provide draft samples of information, interim applications, and other relevant filings in the case.
Module 7: How to file a Merger Notification before the CCI [Practice Oriented]
The module will provide the roadmap to filing a merger notification before the CCI. It will provide sample drafts of Form I and Form II to be filed before the CCI, with guidance on how to conduct research for different parts of the form. It will provide a practical overview of the steps till a combination is approved by the CCI.
Module 8: Leniency Program: Theory and Practice
The module will provide the theoretical basis of the leniency program as it exists in India, along with the necessary literature from Europe and the United States, if needed. It will also explain the process of filing a leniency application along with the necessary sample drafts.
Module 9: Dawn Raids: Theory and Practice
This module will provide a theoretical understanding of dawn raids in competition practice, in various jurisdictions. It will also provide a practical guide on handling dawn raids if conducted against the client by the CCI.
Module 10: Private Enforcement
This module will teach students about private enforcement, within the context of competition law. It will cover the rules relating to it in India, the United States, as well as the European Union.
Module 11: Comparative Competition Law including an Overview of South Asian Competition Policy
This module will provide an overview of competition law and policy in the United States, Europe, and South Africa. However, the module will also give an understanding of more nascent competition jurisdictions, including South Asian countries like Sri Lanka.
Module 12: Interaction of Competition Law with other thematic areas (especially IPR and Data Privacy)
The module will focus on the interaction of competition law with traditional thematic areas and subjects, including intellectual property rights, and data privacy law. However, the module will also look at the subject’s interaction with thematic areas that are yet unexplored within India, for instance, gender.
Module 13: Issues with CCI’s Jurisdiction and Appellant Jurisdiction for Competition Law
The module will discuss appellate jurisdiction in competition law, as well as various cases that have come up concerning the issue of CCI’s jurisdiction. In the past, jurisdictional conflicts have risen between CCI and bodies like SEBI and TRAI.
Module 14: Analysis of Major Sectors under Competition Law
The module will present an analysis of markets that have come under increased competition law scrutiny in recent times. These primarily include the markets of online cab aggregators, big tech and e-commerce.
Module 15: Careers and Higher Studies in Competition Law
This module will present a comprehensive overview of various career opportunities in competition law in India. It will also provide guidance on choosing the right competition law LLM.
Module 16: Competition Law in College – Moots, Internships and Other Co-curricular Activities
The module will discuss aspects pertaining to competition law that are relevant for law students, including moots and internships.
Assignment: An MCQ quiz that will test you on all the modules of Competition Law
Certification: You’ll be given an e-certificate based on the MCQ test.
Who can enrol for this course?
- Law students
- Legal professionals
- Business professionals
- Law graduates wanting to enter the field of competition law
- Academicians wanting to upgrade their practical knowledge
Duration and Mode of Learning
- Completely self-paced and online
- Recorded video lectures
- Text-based modules and reading resources
- Online-based forum for doubts
- 1 compulsory assignment: MCQ Test of 20 questions
Assignment and Certification
- In order to receive the certificate, you need to take the MCQ test
- If you score above 50% in the MCQ test, you will be eligible to download a Completion Certificate
Course Duration and Access
You’ll have access to this course for 12 months from the date of registration.
And while you can complete this course at your own pace, we recommend that you completed this course within 4 weeks.
Giving ourselves a fixed timeframe to complete things increases the chances of getting things done.
If you have any questions, please leave a comment on this post or email at firstname.lastname@example.org