It is a fascinating subject as we realised today after hearing the Foundation Lecture. I am grateful to Professor Mario, the “anti-trust tsar”, also known as ‘Super Mario’, who is said to be “politically tone-deaf”, but tried hard to establish an international network of national competition authorities.
My brief comments will be on: a)  The link between competition and monetary policy;  b)  Recent developments that reinforce the link, particularly for the developing countries;  c)  Some issues relating to competition in the financial sector and monetary policy, especially from the perspective of the developing countries;  d)  Indian policies to enhance competition in the financial sector; and  e)  The implications for India’s monetary policy.