Probe into exclusive steel supply to Indian Railways

Genesis was retained by Luthra and Luthra to assess the nature and competitive effects of an exclusive supply relationship between the Steel Authority of India Limited (SAIL) and Indian Railways (IR) in response to a complaint made by Jindal Steel Power Limited (JSPL).

The project team's analysis dealt with the possible anti-competitive effects of the exclusive supply arrangement.

It also analysed the effects-based approach to competition, its evolution in Europe and the US, the possible theories of harm, pro-competitive benefits of vertical restraints, and the possible justification of the exclusive supply arrangement between IR and SAIL.