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Competition Law- Effective Tool for Good Corporate Governance in India

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Competition Law- Effective Tool for Good Corporate Governance in India
COMPETITION LAW
EFFECTIVE TOOL FOR GOOD CORPORATE GOVERNANCE IN INDIA

Submitted to Prof. I. Sridhar Legal Aspects of Business IIM Indore

By Vinod Kumar 2012FPM20 Section F IIM INDORE

TABLE OF CONTENTS
CONTENTS PAGE NO.

A. Introduction 1. Introduction...............................................................................................3 B. Analysis 2. Analysis of property rights in the case of tangibles................................4 3. Common features of Intellectual property rights...................................6 4. Common features of Intellectual property rights..................................12 5. The extension of property rights to new objects....................................15 C. Existing systems 6. Existing implementation of Intellectual property rights.......................18 D. Alternative Approaches 7. Alternatives to Intellectual property rights............................................20 E. Conclusion 8. Conclusion..................................................................................................28 F. References 9. References..................................................................................................30

2|Page

:Competition Law:
(Effective tool for good Corporate Governance in India)

1. Introduction
The relationship between the Corporate Governance and Competition is very complex, but crucial one to the design of appropriate economic policies, including Competition policy. This relationship between Competition and Corporate Governance explores how Governance structure of an organisation incorporate the policy of Competition and to identify the possible concerns which have come up in many jurisdictions in relations to Compliance Programmes. It is also relevant in the context of the economic crisis, as a failure can be triggered in the market if incentives are not aligned for the long term and instead focus on short term goals. Competition is typically regarded as the main

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