Press Release (ePRNews.com) - New Delhi, India - Feb 20, 2016 - Indian Institute of Management (IIM) Kashipur, India, in association with AZB Partners, a leading law firm; Shaping Tomorrow, a futuristic think-cum-action tank; Anupam Sanghi and Associates, a law firm with expertise in Competition, Commercial, Regulatory Law and Risk Mitigating solutions; and LexisNexis, a leading global provider of content and technology solutions; organized the Third International Conference on Competition Regulation and Competitiveness on February 5, 2016, at Hotel Lalit, New Delhi.
The Third Conference attracted some of the top-most global experts in the field of competition regulation, like William Kovacic & Frederic Jenny, apart from the representatives of OECD, FTC & some foreign law firms, as well as some competition agencies from other jurisdictions like Sweden, Turkey and Egypt. Eminent Indian law firms and corporates were also active participants and delegates for the conference. The conference aimed to build and provide a global networking and interaction platform to understand and examine recent developments and prospects of competition regulation in India; to create a knowledge base to assist the decision-makers in different domains like government, regulators and corporates; and to identify actionable agenda for companies, market participants and policy makers.
Mr. Gautam Sinha, Director, Indian Institute of Management (IIM), Kashipur, said, “Competition is an interdisciplinary field and should be an integral part of business education. India cannot take its national prosperity for granted; competitive advantage should be seized. Focus should be there on renewability, innovation, and long-term value creation, among other things. This is in light of ‘Make in India, Start-up India, and Skill India as well.”
Mr. Anurag Goel, Founder, “Shaping Tomorrow”, & Former Member, CCI, said, “The concept of ‘Disruptive Innovation’ needs to be understood in light of the fact that how competition regulators behave would change in a changed context. As per my foresight, markets would be different in times to come and therefore, competition regulations should keep pace with that. Otherwise, it won’t be in sync with production and interests of consumers. Virtual platform does not recognize borders and has its own crypto-currency, i.e., bit-coins, and future’s to be about e-platforms.”
Anupam Sanghi, Managing Partner, Anupam Sanghi and Associates, said, “Competitiveness will lead to immense value in business. This is especially true in light of PM Modi’s ‘IT (India’s Talent) + IT (Information Technology) = IT (India Tomorrow). The fundamental issue in the digital economy is how network effects may impact the relative market power of disruptive technology business models as people make choices on the online platform.”
During the conference, the research and knowledge partner LexisNexis unveiled its new research solution LexisGreen™. “LexisGreen™ is our attempt to bridge the vast gap between the currently print dominated legal and tax information and research market and a more efficient digital and online market. We expect to transform the legal and tax information and research solutions market into digital and online over the next couple of years with LexisGreen™,” said Mr. Mohan Ramaswamy, Managing Director, LexisNexis India.
“LexisGreen™ has been designed and developed keeping in mind the specific needs of several upwardly mobile professionals, who intend to stay ahead, win more, and also care to protect the environment. This bold and innovative new e-books solution from LexisNexis® enables one to save significant time and money through faster research and great mobility in using authoritative commentaries and bare acts from eminent authors. While smart lawyers and professionals read LexisNexis books, the smarter ones also use LexisGreen™,” said Mr. Vikesh Dhyani, Director Marketing & CDI, LexisNexis India.
LexisNexis Legal & Professional is a leading global provider of content and technology solutions that enable professionals in legal, corporate, tax, government, academic and non-profit organizations to make informed decisions and achieve better business outcomes. As a digital pioneer, the company was the first to bring legal and business information online with its Lexis® and Nexis® services. Today, LexisNexis Legal & Professional harnesses leading-edge technology and world-class content to help professionals work in faster, easier and more effective ways. While working towards driving a technological transformation in the legal, tax and academic segments, LexisNexis has designed and developed LexisGreen™ – Law Books and Bare Acts on a Pen drive. This compact yet transformational solution helps smart professionals research better and take clear, confident decisions, anytime, anywhere, without internet access. Through close collaboration with its customers, the company ensures organizations can leverage its solutions to reduce risk, improve productivity, increase profitability and grow their business. LexisNexis Legal & Professional, which serves customers in more than 175 countries with 10,000 employees worldwide, is part of RELX Group plc, a world-leading provider of information solutions for professional customers across industries.
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