A Look At The CCI ‘Green Channel'route

In a bid to facilitate mergers and acquisitions (“Combination“) in the country, the Competition Commission of India (“CCI“) has taken inspiration from the customs department and established a ‘green channel’. No, it won’t save you paper, but it is designed to save you precious hours.

Every Combination above a certain threshold, seeking to be sanctioned has to necessarily pass the CCI scanner in order to be approved¹. Therefore, it is but logical to have in place a system that exacerbates this process and the newly introduced green channel aims to do exactly that. The CCI characterizes the ‘green channel’ as an automatic system of approval for Combinations wherein the Combination is deemed to be approved upon filing the notice in the format prescribed².