CUTS Centre for Competition, Investment & Economic Regulation (CUTS C-CIER)

Against this backdrop, CUTS has undertaken a project to develop a Functional Competition Policy (the FunComp Project) as an attempt to fill the gap and help the Government of India to come up with a Competition Policy that would be ‘implementable’ as against one that is ‘ideal’. The report will be in the form of a discussion paper, which would highlight the issues that will lay out a road map for further research.

How is the project being implemented?

In order to implement the project, CUTS has engaged various experts. The project is been guided by a Steering Committee which comprises of eminent persons such as S. Sundar of TERI (Chairman of the steering committee), Shankar Acharya of ICRIER, Suman Bery of NCAER, and Shrawan Nigam and Pronab Sen of the Planning Commission. The Steering Committee meets at frequent intervals to review the progress and decide future action.

What are the contents of the report?

The report would cover the competition policy scenario in India at a macro level as well as at sectoral level. The report would be structured in the following manner.

PART-I	PART-II
Evolution of Competition Policy & Law in India	Cement Industry
The State of Competition in the Indian Manufacturing Industry	Steel Industry
Mergers & Acquisitions in India: Implications for Competition	Telecom Sector
Competition Regulation Interface in India	Energy: Electricity, Petroleum, Gas and Coal
Competition Abuses at the Consumer Level: Study of Selected Sectors	Banking, Insurance and Other Financial Services
Cross-border Issues and Competition Act, 2002	Transportation
Central Government Policies: Interface with Competition Policy Objectives	Information Technology
State Government Policies and Competition	Biotechnology
Competition Act, 2002: The Approach	Pharmaceuticals
Competition Policy and Consumer Welfare	Professional Services
	Agriculture Markets

How will the results be disseminated?

The project report will be published as an edited volume and is expected to be released in January 2005 at New Delhi at a national level conference. The findings from the project will be used to generate awareness on competition issues in the country. Road shows (a series of meetings) are planned in select cities in January/February 2005 for wider dissemination and outreach.

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