Impact of Competition on Pharmaceutical Industry in India
10 Pages Posted: 20 Jul 2014
Date Written: July 17, 2014
Abstract
In the backdrop of recent developments and the legal and statutory provisions to promote healthy competition in the market and its effect on bringing a cohesive economic development and socio-economic welfare which can be sustainable in nature can be assessed by looking into the impacts of the recent developments in some of the core areas like pharmaceuticals which have direct effect on health, economy and employment prospects of the individuals and the community. The paper aims at highlighting the effect of new competition law and the effect on pharmaceutical sector.
Keywords: Pharmaceutical Industry, Competition Law, Indian pharmaceutical industry, TRIPS & Doha Declaration
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