Competition law (especially merger control regime) is a relatively new area of law in India, and the Competition Commission of India (CCI) has been tasked with the duty of its enforcement in India. Similar to most other jurisdictions, the merger control regime in India is suspensory in nature, i.e. the parties to a combination (transactions…

The OECD describes a JV as a situation where participating firms agree by contract or otherwise to combine, other than by merger, significant productive (tangible or intangible) assets, and to do this by going beyond ad hoc co-operation1. A JV can be formed by incorporation or by contract. Thus under competition law, JVs include a…