Friday, June 3, 2011

CCI Commissioning Market study on Agriculture,Steel and Paper

June 2,2011 New Delhi:Competition Commission of India CCI,under its mandate to make market function for the consumers and to ensure fai and healthy competition in the iNidan economy,is initiating a series of market studies to analyse and monitor the competitive dynamic in the various industries of the Indian economy.
As part of this series,the sector of Agriculture,Steel and Papers have been taken up by the Commission in the initial phase.In this context CRISIL, is engaged by the Commission for the market studies on the Paper and Steel Industries in India.The studies shall present a comprehensive overview of the industry,with particular focus on the parameters that determine the nature and degree of competition prevailing in the industry and help identify the competitive concerns.
The spurt in food prices in recent months has brought back into focus the critical issue of price volatility in agriculture commodities,poor agriculture market structure and lower market efficiency with speculative trading and with poor PDS and coterie of hoarding in the market each needs to be studied in detail.

Competition Commission of India commissions Market Studies/Research Projects as a part of its advocacy mandate. Since inception of the research study programme in 2003-04, 18 studies have been commissioned till date, out of which, 12 are sector specific, covering, in general, the manufacturing, service, transport, energy, telecommunications, etc. and the remaining relate to conceptual issues in competition economics, law and policy. Market Studies/Research Projects have been commissioned with a view to:
(i) Gain insight into the structure of various sectors of the market and the business practices prevailing therein;
(ii) Assist the Commission in its role of undertaking competition advocacy and public awareness and training. The studies/research projects could help in generating greater awareness about competitive issues and anti competitive practices;
(iii) Identify policies and practices of Central and State Governments and Statutory Authorities that are having appreciable adverse effect on competition in markets in India; and
(iv) Building capacity in the area of competition law and policy for researchers.

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