TITLE:
Breaking Monopolies, Enhancing Competition: Lessons for India from U.S. Case Law
AUTHORS:
Ashwin Ramkumar, Mariam Sène
KEYWORDS:
Antitrust Policy, Market Regulation, Consumer Welfare, Sherman Act, Indian Regulatory Framework
JOURNAL NAME:
Open Journal of Business and Management,
Vol.13 No.3,
May
14,
2025
ABSTRACT: This research paper investigates the economic benefits of progressive antitrust policies in India’s railway, telecommunications, and agricultural sectors by drawing comparisons with landmark antitrust cases in the United States. Through an analysis of competition laws, regulatory challenges, and enforcement frameworks in both countries, the paper argues that India can enhance market competition and improve consumer welfare by adapting lessons from the U.S. antitrust experience. The study highlights key case studies such as the Standard Oil breakup, the AT&T divestiture, and Cornelius Vanderbilt’s railway monopoly to demonstrate how robust antitrust enforcement can dismantle monopolies, stimulate innovation, and lower consumer prices. By applying these insights to India’s emerging regulatory landscape, the paper emphasizes the need for tailored reforms that address India’s unique economic structure. The research underscores that while India’s current antitrust framework, led by the Competition Commission of India (CCI), has made progress, structural limitations and enforcement challenges hinder its effectiveness. Drawing from U.S. precedents, the study proposes targeted reforms, including enhanced regulatory capacity, improved enforcement mechanisms, and proactive market interventions to curb monopolistic practices in India’s critical sectors. Ultimately, the paper advocates for a dynamic antitrust policy that promotes competition, protects consumer interests and drives long-term economic growth.