Category: Legal Research
Competition Law in Sri Lanka: An Overview
Competition law, often referred to as antitrust law, is a crucial aspect of ensuring fair market practices and preventing anti-competitive behavior in the corporate sector. Globally, such laws regulate monopolistic practices, abuse of dominant market positions, and mergers that reduce competition, thereby safeguarding consumer interests and promoting economic efficiency. Sri Lanka joined this global movement…
Crime and Security in Cyberspace
The rise of cyberspace as a “network of networks” has revolutionized communication, commerce, and content dissemination. However, its rapid proliferation has exposed vulnerabilities, leading to the emergence of cybercrime as a significant global challenge. This article delves into the complexities of cybercrime, the legislative responses, and the transnational dimensions of ensuring security in cyberspace. The…
An Overview of Debt Recovery Laws in Sri Lanka
Lending money and giving loans, also called “commercial credit,” are crucial for business and economic growth. Lenders usually require “security” from borrowers, which is a legal claim on property to ensure repayment. Lenders, including banks and financial institutions, support the economy by providing funds for businesses and individuals. To protect these institutions, governments have created…