Competition law is a law that promotes or seeks to maintain market competition by regulating anti-competitive conduct by companies. The Indian economy is consistently on the rise, albeit with a few setbacks which are a part and parcel of every economy. This economic growth is triggered by competition, as the vigor to better the competitor plays a catalytic role in unlocking the potential of growth in vital areas of the economy. A competitive yet healthy environment facilitates fair competition in the market, thereby not only propelling the national economy but the global financial system as well.