In an enlightening session held at the Park on Rajbhavan Road, the FICCI Ladies Organisation (FLO) organized a discussion on Competition Law and its profound impact on the industry. Renowned competition lawyer, Nisha Kaur Uberoi, engaged in a compelling conversation with Mehak Gupta, Associate Partner at Stratage Law Partners, shedding light on the vital aspects of Competition Law and addressing gender bias in the legal sphere.
Nisha Kaur Uberoi, a distinguished figure in India's legal landscape, emphasized the prevalent gender bias on platforms like Wikipedia. She revealed a stark reality: only 19% of Wikipedia articles focus on women, while a staggering 81% are male-centric, thereby diminishing the visibility of influential women. In her discussion, Uberoi emphasized the urgent need for more women in the field of law, especially in positions of influence such as judgeships. She highlighted the importance of women's reservations, equal pay, data privacy, and reproductive rights, advocating for a more inclusive and diverse legal environment.
Speaking specifically about Competition Law, Uberoi elucidated its significance in curbing anti-competitive practices. Addressing the audience, Ritu Shah, Chairperson of FICCI Ladies Organisation (FLO), Hyderabad Chapter, underscored the vital role of Competition Law in ensuring fair market competition, safeguarding consumer interests, and promoting economic efficiency. She acknowledged Uberoi's landmark cases, including high-profile acquisitions and mergers, as a testament to her expertise in this emerging specialization.
The session aptly addressed timely concerns, such as the exorbitant price hikes observed during festivals like Diwali and Dussehra. Uberoi highlighted the Competition Commission of India's role in maintaining market equilibrium and ensuring fair competition. She emphasized the commission's dedication to promoting choice, fair pricing, and innovation, while simultaneously cracking down on anti-competitive practices and cartels.