Diamonds are expensive as they are rare, yet have very little use for our daily needs. On the other hand, fresh water which is essential to human existence is often thought of as a free or low priced commodity, mostly due to its abundance. However in the near future this may change with demand for [...]

Since September 2009, the Monopolies and Restrictive Trade Practices Act, 1969 has been repealed by the Competition Act, 2002 (amended in 2007) being implemented by the Competition Commission of India. This change has huge economic implications on how business is conducted in India, especially in the backdrop of mergers and acquisitions. The new regime frowns [...]