Blog by Niti Manthan
Facilitating young minds towards holistic development.
Predatory pricing can be defined as a pricing strategy where the prices of goods and the services are fixed at such low level that it becomes almost impossible for the other firms to compete in the existing market and are thus forced to go out of the race. This article lays down a brief introduction of the predatory pricing and the provided legal remedies.
India incorporates a recorded legal history ranging from the Vedic ages. It's believed that ancient India had some type of system in situation even during the Bronze Age and also the Indus Valley civilization. Law as a matter of non-secular prescriptions and philosophical discourse has an illustrious history in India. Secular law in India varied widely from region to region and from ruler to ruler. Court systems for civil and criminal matters were essential features of many ruling dynasties of ancient India. This article describes the evolution of the legal system from the ancient period and what is the situation post- independence through the lens of literature.