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 the 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 antitrust laws or competition laws. In this article, the author has delved into the research that has happened globally in the area of competition and antitrust. The author has sourced the publication data from the Scopus database and has used bibliometric analysis for this research work.