Tag: Competition Law
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Imminence of Merger Control Provisions
[Posted by Umakanth Varottil] Although the draft of the merger control regulations under the Competition Act, 2002 were issued as early as January 2008 (more than a year ago), they are yet to be enacted. Specifically, there were concerns from industry that the scope and ambit of the regulations were too wide and onerous. Now…
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Competition Commission: Delays in Merger Control
[Posted by Umakanth Varottil] Although the Competition Commission is expected to become functional soon, it appears from press reports that its role pertaining to merger control will commence only in due course and not immediately. The draft of the Competition Commission of India (Combinations) Regulations (discussed earlier on this Blog) is still subject to discussion…
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Imminent Developments in Competition Law
[Posted by Umakanth Varottil] Guest contributor R.V. Anuradha points to a news report indicating that the long-awaited Competition Commission of India (CII) would be functional on April 1, 2009. This will replace the existing Monopolies and Restrictive Trade Practices Commission (MRTPC) signifying an important step in Indian competition law. As the news report states, that…
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Anti-Competitive Agreements: What can we Expect from the Competition Commission?
[Posted by Umakanth Varottil] (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…
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Links on Competition Law
[Posted by Umakanth Varottil] (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…
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China’s Anti-Monopoly Law
[Posted by Umakanth Varottil] 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…
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India’s New Competition Law: A Comparative Assessment
[Posted by Umakanth Varottil] 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…
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Competition Commission & Global Mergers
[Posted by Umakanth Varottil] 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…
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Competition Act and Merger Regulation
[Posted by Umakanth Varottil] 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…
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Competition Act: Cementing Law and Policy
[Posted by Umakanth Varottil] 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…