The Competition & Commercial Law Review

[Aastha Bhandari and Tarusi Jain are third-year students at O.P Jindal Global Law School, Sonipat] I. Analysing the Amendment to the Austrian Cartel Act: Making A Case for Pre-Mature Enactment It is to be noted that Austria is the first country worldwide to introduce an amendment in its Federal Cartel Act of 2005 (“the Act”) by way of the Austrian Cartel and Competition Law Amendment Act 2021 (“the Amendment”) to provide an explicit exemption to assimilate sustainability agre

[Aastha Bhandari and Tarusi Jain are third-year students at O.P Jindal Global Law School, Sonipat] I. Introduction The consumer welfare framework is the dominant approach used by competition authorities within the European Union (“EU”); it is understood in terms of economic efficiency calculations vis-a-vis consumers in the market. In this approach the agreement would be contrary to competition law if economic costs to the consumers are greater than the benefits, with the int