Law Placement

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.

Avantika, the placement is a two-fold thing in law. As far as my own observation and experience have seen at various law colleges, a BBA LLB or B.Com LLB helps more than the BA LLB degree in approaching the law firms. The reasons are pretty simple: professionalism is the only pre-requisite these days.
Placements at MMDU shall also be impacted by this. Most of the graduates either go for higher education or judiciary exams and law practice.
For the campus placements, a fine number of firms are approached.
It is also important to note that for you, it will matter less because what will be the scenario of law Jobs after 4 years is not known.
Still, a good learner will surely get a good career.