Disruptive Innovations-Reforming competition law regimes in India
Disruptive innovations tend to alter the patterns of industries, businesses and consumers because of its superiority.In emerging markets like that of India,it has a significant role to play. Pioneering innovations provided by entrepreneurs and big business houses have brought a major shift in customer market share, witnessing a change of trend from company centric towards a more customer centric market.
On the global front,Competition authorities are welcoming the change and encouraging the innovators to cater customer friendly market regimes.India has also followed the recent drift towards dynamic competition, which strives for more efficiency with technological improvements,and the same is being advocated by the competition regulator in bringing the competition regimes in parlance with other developed jurisdictions such as that of EU and US.
The paper will focus on the disruptive advancements and their business models which is reforming the country’s market and the manner in which the anti-trust regulators have played their part in striking a balance between the upcoming businessand the already existing players.Additionally, the paper will also scrutinize the competitive regimes relating to disruptive innovations prevalent in different jurisdictions around the world compared to that of India.
On the global level as well Competition authorities across various jurisdictions have inclined more towards the innovators in order to bring more customer friendly innovations.
Pioneering innovations provided by entrepreneurs and big business houses have brought a major shift in customer market share, witnessing a change of trend from company centric towards a more customer centric market.
Type of service-Dissertation services
Type of assignment-Dissertation
Pages / words-35 / 9500
Number of sources-200
Language style-UK English