Overzealous Competition Law Enforcement May Undermine India's Manufacturing Ambitions, Says Supreme Court

The Supreme Court of India, in a strong and strategic verdict on Tuesday, warned against “heavy-handed enforcement” of antitrust laws, stating that such practices can harm India's potential to become a global hub for manufacturing, technology, and innovation. This observation came while dismissing appeals filed by the Competition Commission of India (CCI) and Kapoor Glass against Schott Glass India Pvt. Ltd. Court Stresses Need for Caution in Economic Regulation The…