The research paper mainly focuses on the interface between Intellectual Property Rights and Competition law and analyse the competition issues involved in the exercise of Intellectual Property Rights and also whether CCI is effectively dealing with the Competition law issues involved in IPR? Intellectual Property Law creates monopolistic rights, but Competition Law tries to prevent and hence the conflict between the two. A balance needs to be maintained among the rights of persons granted to them under the law and necessity to retain the competition in the market.Three are several conflicting issues related to exercise of IPR which must be addressed by the competition commission through its guidelines.