What is the scope of Competition law in near future?
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1 Answer
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Competition law is expected to grow and play an important role in the near future, as economies around the world are becoming more globalized and digitalized. Competition authorities are focusing on digital markets to ensure that competition is not stifled and consumers have access to innovative products and services.
Moreover, Competition authorities are also taking a closer look at mergers and acquisitions, particularly in the digital sector. This is because mergers and acquisitions can reduce the competition, higher prices for consumers, and less innovation.
Hence, after analysing above factors, one can easily understa
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