COMPARISON BETWEEN COMPETITION LAW IN TANZANIA AND COMPETITION LAW IN INDIA

AUTHOR – SYLVIA ELLADIUS TESHA, STUDENT AT CT UNIVERSITY

BEST CITATION – SYLVIA ELLADIUS TESHA, COMPARISON BETWEEN COMPETITION LAW IN TANZANIA AND COMPETITION LAW IN INDIA, INDIAN JOURNAL OF LEGAL REVIEW (IJLR), 4 (2) OF 2024, PG. 984-989, APIS – 3920 – 0001 & ISSN – 2583-2344

ABSTRACT

In the different economies of the world, companies or markets have laws or rules governing them in order to facilitate healthy competition, creativity and innovation in such countries by various firms. In order to encourage innovation, between companies all are provided a fair ground for which they can indulge in business and also ensuring the welfare of the nations citizens is protected. So, both countries India and Tanzania have enacted regulations to promote fair competition and ensure economic development the nations, and help curb all anti-competitive agreements, abuse of dominant position. In this essay we shall divulge in the various enactments made regarding competition regulation in such nations and a brief history as to how such competition policies came to come about.