Concentration Of Economic Power And Monopolies In India
economic power Indiamonopolies in Indiawealth concentration Indiacompetition law Indiacorporate power India
The concentration of economic power and the prevalence of monopolies in India represent critical challenges to a fair and competitive market landscape. This phenomenon often leads to reduced innovation, higher consumer prices, and exacerbates wealth inequality, directly impacting India's socio-economic development. Analyzing Indian market dominance and implementing effective competition law are essential steps to foster a more equitable and dynamic economy, ensuring broad-based prosperity rather than a narrow accumulation of wealth.