LL.M. in Competition Law 

at Rajiv Gandhi School of Intellectual Property Law, IIT Kharagpur, Kharagpur

Competition law is expected to grow and play an important role in the near future, as economies around the world are becoming more globalized and digitalized. Competition authorities are focusing on digital markets to ensure that competition is not stifled and consumers have access to innovative products and services. 

Moreover, Competition authorities are also taking a closer look at mergers and acquisitions, particularly in the digital sector. This is because mergers and acquisitions can reduce the competition, higher prices for consumers, and less innovation.

Hence, after analysing above factors, one can easily understand the scope and vital role of Competition Lawyers, can play in near future. 

Hey, I think more than the scope, the interest of individual matters for success in a particular area of law. Let's say, for example, I am interested in real estate and infrastructure law but I pursue competition law after my law school. I would not be working with that zeal or enthusiasm as compared to real estate and infrastructure law. Therefore, according to me, the interest mattes more than the scope as you can make money under any area of law and practice. But coming to the question, most of the areas of law are interlinked. Labour and employment-related things may be one of the aspects of the company. What has the better scope? I think both of these are too diverse fields and have a lot of subject matters within. Competiton law is governed by a legislation but there are several legislations for real estate and infrastructure. It is very difficult to come to a conclusion as to what area of law has a wider scope. I would go with competition law but. Although the growth of real estate industry is phenomenal, competition law has wider scope in the sense that it is not just restricted to one field but extends to competition-related issues in various sectors.

These are two completely contrasting fields and to excel in either of them, one needs to have passion and dedication to work in that direction. That being said, from a neutral point of view, if one is interested in both fields equally, the scope can greatly vary depending on where the person is working and what kind of work they are doing. Competition Law is a new and upcoming field. The new Competition Act was passed relatively recently, replacing the older MRTP Act and the laws related to competition law are being shaped by various judicial pronouncements that are passed every now and then. Labour law, on the other hand, has been around for a while. It also has a wider ambit as it covers several legislation. In terms of practice, both are good career options.