(We are very pleased to welcome Farhad Sorabjee as a guest contributor on the Blog. Mr. Sorabjee is a partner at the Mumbai offices of J. Sagar Associates and leads the firm’s competition practice. His contributions will certainly bolster the competition law focus on this Blog. In the following post, he considers the nature of penalties that competition authorities worldwide have imposed under...
Links on Competition Law
(The following post contributed by R.V. Anuradha points to some recent information and materials pertaining to competition law) 1. What will the Competition Commission of India (CCI) look like? LiveMint considers some of the names of people being considered for membership of the CCI. 2. Other interesting developments in the recent past are a US Department of Justice (DOJ) paper on Unilateral...
China’s Anti-Monopoly Law
China’s new Anti-Monopoly Law took effect on August 1, 2008. Financial Times, in a news report published last week (July 28, 2008), has a brief comparison between the Indian and Chinese positions on antitrust. The report observes: “Tough antitrust laws that take effect in China this week and India later this year could delay or thwart high-profile cross-border mergers and acquisitions, lawyers...
India’s New Competition Law: A Comparative Assessment
Antitrust & Competition Policy Blog points to a new article by Delhi School of Economics Professor Aditya Bhattacharjea on India’s New Competition Law: A Comparative Assessment in the Oxford Journal of Competition Law and Economics. The abstract is set out below: This paper critically examines India’s new Competition Act. I begin by examining the working of its predecessor, the...
Competition Commission & Global Mergers
There has been a coordinated and consistent move by industry to ensure that merger regulations that have been proposed by the Competition Commission do not cover global mergers whose implications in India are not substantial. We have discussed this issue in the past on this blog (here, here and here). In fact, the draft regulations do contain some de minimis exceptions that seemingly placate...
Competition Act and Merger Regulation
Today’s Economic Times carries a column by Jaishree Vyavaharkar & David Jacobs of Baker & McKenzie analyzing the provisions of the Act and the recent draft regulations on business combinations, with specific reference to implications on foreign investors. Here are some excerpts: “A fundamental concern for foreign investors was the lack of domestic nexus in the Act. Effectively, deals...
Competition Act: Cementing Law and Policy
Rahul Singh, who will be contributing to this blog, has written in Livemint about the adverse effects of the delay in notification the provisions of the Competition Act. To enunciate this point, he uses the example of the rise in cement prices, which had to be arrested through the threat of takeover by a state government. Another aspect that Rahul alludes to is the role that consumers must play...
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