Research and Publications on Competition Laws - A Study through Bibliometric Analysis

Abstract

In a perfectly competitive market, prices are determined by the market forces of demand and supply. In this market structure, sellers are price takers, which benefits consumers. They get competitive prices, higher-quality products, better services, and a range of products to choose from. On the other hand, some sellers are greedy and want abnormal profit, which is not possible in a competitive market. Therefore, they try to distort the market forces in various ways. Cartel formation, misuse of dominance, mergers and acquisitions, and use of anti-competitive practices are some of the means that they use for the purpose. This tendency is universal. To counter such anti-consumer practices, more than a hundred countries have enacted laws, and these laws are known as anti-trust laws or competition laws. In this article, the author has delved into the research that has happened globally in the area of competition and anti-trust. The author has sourced the publication data from the Scopus database and has used bibliometric analysis for this research work.