Competition Law and the Pharmaceutical Sector in India

Shamim S. Mondal and Viswanath Pingali examine Competition Law and the Pharmaceutical Sector in India.

ABSTRACT: The Indian pharmaceutical industry is one of the largest in the world both in terms of volume and value. Given its critical importance, the sector has been subject to a series of regulatory interventions, which have altered the nature of the industry quite significantly. With enacting the Indian competition Act (2002), India has joined the list of countries that has a robust competition regime. The purpose of this chapter is to understand the pharmaceutical sector through the prism of competition law.