Relevant Market Under Competition Law – In The Context Of Banking & Financial Services
- Indian Journal of Law and Legal Research
- Dec 24, 2024
- 1 min read
Saharsha Chhabra, B.B.A., LL.B. (H), Symbiosis Law School, Pune
ABSTRACT
This research article delves into the complexities of defining relevant markets within the banking and financial services sector. It underscores the significance of market definition in competition law enforcement, particularly in assessing market power, evaluating mergers, and detecting anti-competitive practices. The article explores this sector's diverse products along with the key factors that determine whether these products or services belong to the same product market. It also analyses how factors such as product characteristics, consumer preferences, regulatory restrictions, and geographic scope influence market definition.
Furthermore, the article examines landmark cases and regulatory decisions in India that have shaped the understanding of relevant markets in this sector, along with literature review of journals and publications written by experts and scholars in this field of research. By drawing from this academic literature and real-world examples, the article provides a comprehensive overview of relevant market analysis in the Indian banking and financial services landscape.


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