Ajay Piramal Quotes


Related Quotes

Prior to Baxter the issues in prosecuting an anti-trust case were whether or not the company met the size or market share criterion for application of the anti-trust law and whether the company had committed any of the prohibited acts. Baxter added another hurdle. Namely, that the prosecution must make economic sense for the company, the consumer and/or the nation. Many illegal, immoral and unfair antitrust practices were not prosecuted if there was no economic benefit to doing so. Critics of the new policy argued that nowhere in the language of the anti-trust legislation that prosecution should not take place in the absence of demonstrable economic benefit.


Ajay Piramal
Ajay Piramal
  • Born: August 3, 1955
  • Nationality: Indian
  • Profession: Businessman

Ajay Piramal is an Indian billionaire industrialist, and the chairman of the Piramal Group, a conglomerate with interests in pharmaceutical, financial services, real estate, healthcare analytics and glass packaging. Piramal Enterprises has 3 major businesses – Pharma, Financial Services and Healthcare Insights & Analytics.