Antitrust

Note India desperately needs someone to break the oligopolies and cartels created by numerous sectors such as yarn producers, cement players etc. But you have to find a balance between penalizing them and bankrupting them.Most of the developed countries like USA and European Union have highly developed and advanced competition regulators which impose hundreds of millions in fines against domestic and international companies who indulge in anti-market practises.The fines serve as a great deterrence where powerful corporates try to undermine the market forces through their sheer size.The landmark anti monopoly legal cases against Microsoft,LCD companies have proved to be very effective in punishing super powerful businesses who have shafted consumers through illegal practises.