The commerce having become global, trade boundaries are becoming less rigid. As heat of competition is felt not only within the national boundaries but also from across the borders, the tendencies of some entrerprises to fall prey to the anticompetitive practices and collusion for with an intent to make more profits is only natural.

Many countries, including India, have enacted competition laws to keep a check on these anticompetitive tendencies. Being a new competition law jurisdiction, most Indian businesses learn of it only when they are heavily penalised because of lack of awareness of this new regulation.

K K Sharma, who was the Director General and Head of Anti-trust & Combinations Divisions at the Competition Commission of India(CCI) and a Commissioner of Income Tax, started KK Sharma Law Offices (KK) in October 2012 to fill this void and guide enterprises through the new regime. Functioning as the strategic consulting platform for overall advice on economic laws, corporate governance and public affairs, the firm specialises in competition law, taxation and regulatory issues.

“There exist islands of ignorance on the subject of competition law and no one, having sound academic base and inside vision of a competition agency, who can guide you through this new reality. KK was found to step into this void and ensure that the companies are represented well before the competition agency so that not only can they avoid heavy penalties on them but also get business abuses against them punished successfully before the agency.” says KK. He further asserts that KK serves its clients across both sides of the regulatory divide as it advises governments, regulators, companies and professional firms on the entire spectrum of issues concerning competition laws, taxation and public policy regulations.