Discuss the pivotal role of Competition commission of India with respect to the framework of anti-poaching labour pacts. (200 Words)
Refer - Business Line
Enrich the answer from other sources, if the question demands.
IAS Parliament 2 years
KEY POINTS
· The recent no-poaching agreement between India’s two largest business houses Adani Group and Reliance Industries is interesting from a competition law and policy perspective.
· Competition concerns arise not only in the context of goods and services but also in the labour market due to collusive arrangements between competing employers and non-compete agreements between employers and employees.
· Such behaviour can take the form of wage-fixing agreements between employers to increase wages by an agreed percentage to maintain or lower wages.
· The Department of Justice and the Federal Trade Commission in the US have been extremely proactive in this area and they have even issued guidance on how the competition law would apply to labour markets.
· Thus, despite established global precedents of matured jurisdictions, the Competition Commission of India (CCI) has been quite reticent in asserting its role in this area, treading rather cautiously.
· The current competition law framework in India allows enforcement and advocacy actions in labour input markets.
· The CCI should examine these industry practices closely as the Ambani-Adani no-poach deal is just a tip of the iceberg. The CCI needs to shed its laissez faire approach to labour markets and exercise its mandate which is quite empowering.
yogendra pratap singh 2 years
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IAS Parliament 2 years
Good attempt. Keep Writing.
Sivasurya 2 years
Please review
IAS Parliament 2 years
Avoid listing out points and try to bring coherence in the answer. Keep Writing.
K. V. A 2 years
Pls review
IAS Parliament 2 years
Good attempt. Keep Writing.
PANDI SANTHOSH RAJA S 2 years
Kindly review
IAS Parliament 2 years
Good attempt. Keep Writing.
