Taxation and Investment in India 2012: Reach, relevance and reliability
Taxation and Investment in India 2012: Reach, relevance and reliability
India’s markets are monopolized in only a few areas reserved for the public sector, such as postal services, defense, atomic energy and railways. The government is considering gradual private participation in areas reserved for exclusive state ownership. Monopolies are rare in activities open to the private sector. The Competition Act, 2002 prohibits anti-competitive agreements, including the formation of cartels and the sharing of territories, restrictions of production and supply, collusive bi