Competition law questions and answers

Competition law is not there to replace the market.
It is concerned with the question of the way the market functions.
False positives and False negatives? False positive -find something to be anti-competitive when it actually isn’t, false negative- find something to be competitive when it actually isn’t.
What is meant by consumer surplus? .

“Competition Litigations arise out of anti-competitive practices by the enterprises, firms, trade associations, etc. by way of combinations or cartelization.” Elucidate your answer “Competition means a struggle or contention for superiority in the commercial world”.

“Competition Law is a legal instrument in the implementation of competition policy”.
Critically examine this statement.
Examine copiously the ‘doctrine of appreciable adverse on competition’ with reference to the civil petition made before the Supreme Court of India in 2000 in M/s Haridas Exports v.

Under apartheid, SA had a competition law Act called the Maintenance and Promotion of Competition Act 96 of 1979. ii.
What is it that we are seeking to achieve in this area of law.
Competition law is not there to replace the market.
It is concerned with the question of the way the market functions.