Bhattacharya, Prateek (2021) Competition Commission of India’s “control” conundrum–practice, precedent, and proposals. European Competition Journal, 17 (2). pp. 473-505. ISSN 17441056
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Abstract
The Competition Commission of India’s (CCI) journey with “control” has been the subject of much discussion in Indian competition law circles. As we witness an increase in reliance on technology as well as a consolidation in conventional industries, both catalyzed by the Covid-19 pandemic, there is a marked increase of activity in the Indian merger market. It is therefore crucial for businesses contemplating mergers and acquisitions, to have a clear sense of the hurdles they need to cross, particularly if the merger activity in question falls in the same or a related industry. The CCI would thus need to provide clarity on what constitutes control, and when transacting parties should approach the CCI. The CCI must also be transparent about control transactions resulting in anti-competitive effects. This paper proposes that the CCI provide guidance on what amounts to control, from the perspectives of both notifiability and competitive effects, to resolve the CCI’s control quandary.
Item Type: | Article |
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Keywords: | Antitrust law | Business and securities law | Competition commission of India | Competition law | Competition policy | Competition regulation | Control | Merger control |
Subjects: | Social Sciences and humanities > Social Sciences > Law and Legal Studies |
JGU School/Centre: | Jindal Global Law School |
Depositing User: | Mr. Syed Anas |
Date Deposited: | 17 Dec 2021 18:26 |
Last Modified: | 04 Jan 2022 18:21 |
Official URL: | https://doi.org/10.1080/17441056.2021.1921513 |
Additional Information: | The author would like to thank Karan Latayan, Saattvic, Toshit Shandilya, and Yaman Verma for their valuable inputs on the initial drafts of this article. All views and opinions reflected in this article are personal. |
URI: | https://pure.jgu.edu.in/id/eprint/271 |
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