State about the investigate of Competition Directorate
Competition Directorate will generally investigate the below areas:
(i) Mergers and takeovers
This is when larger companies will gain more than let's say 25% market share and might prove anticompetitive.
(ii) Markets
In markets when it appears that competition might be restricted or distorted in a particular market
(iii) Regulatory
In regulatory affairs when major regulated industries in the country mayn't be operating fairly.
Competition Directorate will help the country by:
- Increasing the level of competition in economy.
- Increasing productivity and economic performance in international economy, where competitive pressures are becoming increasingly global.