India

India, Merger control, Merger fees, Merger notification, Merger regulation, Mergers

, , , (Khaitan & Co )/ /Leave a comment

The Indian merger control framework is governed by the Competition Act, 2002 (Act) and The Competition Commission of India (Procedure in regard to the transaction of business relating to combinations) Regulations, 2011 (Combination Regulations). To re-align with evolving regulatory needs and streamline processes, Combination Regulations have been reformed periodically. Earlier this year, the Competition (Amendment)…

Digital competition, Digital economy, Digital markets, India, Merger control, Merger Thresholds

(Guru Nanak Dev University)/ /Leave a comment

India is the third largest start-up ecosystem in the world with multiple firms operating across different sectors in the country. In 2022, Indian start-ups raised nearly USD 24 billion, more than twice the funds raised in 2020 (USD 10.9 billion) and 2019 (USD 12.8 billion), despite the challenging market conditions. The top five sectors that…

Competition Commission of India, Competition enforcement, Competition policy, India

, (Cyril Amarchand Mangaldas)/ /Leave a comment

The Competition (Amendment) Act, 2023 (Amendment) received Presidential assent on 11 April 2023, after it was passed by both houses of the Indian Parliament. The Amendment will take effect once the Central Government notifies its various provisions in the Gazette of India, possibly in a phased manner. Amendments that are to be clarified through regulations…

Competition enforcement, Competition law, Competition policy, India

, (Cyril Amarchand Mangaldas)/ /Leave a comment

The last few weeks have been momentous for Indian competition law – the Competition (Amendment) Act, 2023 (Amendment) received Presidential assent on 11 April 2023, after it was passed by both houses of the Indian Parliament. The lead-up to this moment was almost five years in the making. The Amendments are a product of extensive…

Competition Law 2022, Competition policy, Competition proceedings, India

, , (Cyril Amarchand Mangaldas)/ /Leave a comment

Introduction 2022 was an eventful year for competition law in India. The Competition Commission of India (CCI) operated optimally approving combinations notified before it in reasonable timelines, conducting significant dawn raids, passing notable orders that made international headlines, and conducting market studies. The anticipated amendments to the Competition Act, 2002 (Act) were discussed ad nauseum…

Amazon, India, Merger control, Merger notification, Mergers, Minority shareholding, Misleading information

(National Law University)/ /Leave a comment

Background Amazon.com Inc. recently approached the Supreme Court against the decision of the National Company Law Appellate Tribunal (NCLAT), where the Tribunal affirmed the ruling of the Competition Commission of India (CCI). The impugned decision of the Tribunal upheld the penalty order against Amazon.com, on the basis of non-disclosure and suppression of material information in…

Abuse of dominance, Cartels, Commitments, Competition law, India, Leniency, Merger control, Settlement

(Lakshmikumaran and Sridharan)/ /Leave a comment

The Competition (Amendment) Bill (‘Bill’) was first published for public consultation in February 2020 and it is only on 5 August 2022 that it has finally been tabled before the Indian Parliament. The Bill is a concerted effort to harmonize competition law with the evolving realities of businesses today. The Bill proposes to amend both…

Competition Commission of India, Data protection, India

(National Law University)/ /Leave a comment

The intensity of competition and the problematic conducts of enterprises operating in digital markets have been focal points for discussion across many prominent jurisdictions, for instance, the European Union. The Competition Commission of India has also been actively studying the emerging trends and challenges to ensure competitiveness in the digital sector. Through its market studies…

Competition Commission of India, Digital economy, Digital markets, India, Merger control, Merger Thresholds

(The Dialogue)/ /Leave a comment

The Indian antitrust landscape has recently shifted its focus to the regulation of digital markets. To achieve this end, substantial changes to the country’s merger control mechanisms were proposed in the Competition (Amendment) Bill, 2020 (the Amendment/the Bill). One of the central purposes of these amendments is to prospectively analyse mergers and acquisitions that may…

European Union, Google, India

(UCLouvain)/ /Leave a comment

In May 2020, Google integrated its free video conferencing service Meet into its free client mail service Gmail as a pre-installed service that can only be hidden, not deleted, by the consumers by modifying the settings. This conduct could be assessed in competition law as an abuse of dominance, namely a tying sensu stricto, consisting…