IDENTIFYING THIN LINE DIFFERENCE BETWEEN CARTEL AND INFORMATION EXCHANGE AGREEMENT
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DOI:
https://doi.org/10.55662/Abstract
Competitors exchange certain information among themselves in order to make certain business-related decisions and these information exchanges among competitors may induce certain pro-competitive benefits as well, however in Competition law it is settled proposition that information exchange among the competitors may facilitate in formation of cartel the among the competitors which would attract exemplary penalty. Thus, corporates competing among themselves and competition regulators are required to identify thin line difference between cartel and information exchange agreement to avoid the mammoth penalty of violation of the competition law. The purpose of this research paper is to determine: Whether information exchange agreement among competitors is per se void? If not, under what circumstances information exchange agreement can be made permissible.
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