M&A Hotline June 04, 2008

The surge of Competition

The Competition Commission of India (“CCI”), the apex body vested with the responsibility of enforcing the provisions of the Competition Act, 2002 (“Act”), has, pursuant to the Competition (Amendment) Act, 2007 promulgated a draft of the Competition Commission (Combinations) Regulations (“Regulations”). Since the Regulations seek to govern “combinations” (a term defined under the Act to encompass an acquisition, merger or amalgamation) and provide much awaited clarity on several issues pertaining to combinations in India, we thought that it might be of interest to you to read the following articles authored by Kartik Ganapathy, who heads the M&A Practice at Nishith Desai Associates (“NDA”) and Archana Rajaram, a member in M&A Practice at NDA.

“Curbing competition in India” – Mint, Nov 19, 2007

“Regulating Combinations: Is the leash so tight?” – Economic Times, Feb 22, 2008

 

 -       M&A Practice Team


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