Competition Law Regime in India:
Evolution, Experience and Challenges

I. Evolution of Competition Law in India 1. The Constitution of India, in its essay in building up a just society, has mandated the State to direct its policy towards securing that end. Articles 38 and 39 of the Constitution of India, which are part of the Directive Principles of State Policy, mandate the state to direct its policy towards securing: that the ownership and control of material resources of the community are so distributed as to best subserve the common good; and that the operation of the economic system does not result in concentration of wealth and means of production to the common detriment. 2. Accordingly, after independence, the Indian Government assumed increased responsibility for the overall development of the country. Government policies were framed with the