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Doctrine of Unconscionable Bargain – Is there a need to revisit statutory framework governing abuse of dominance?

November 7, 2019[2019] 111 taxmann.com 47 (Article)
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This article analyses the operation and applicability of the doctrine of unconscionability in the realm of commercial transactions and the need for regulatory oversight. The article also attempts to examine the principle of superior bargaining position, focussing on aspects of competition law, specifically, Section 4 of the Competition Act, 2002, being the relevant provision governing abuse of dominant position in India.
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