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ARTICLE · 14 APRIL 2023

A New Age For The Indian Antitrust Regime

Touchstone Partners
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The Indian Parliament recently passed the Competition (Amendment) Bill, 2022.

IndiaAntitrust/Competition Law
Vinod Dhall
Vinod Dhall
Gaurav Desai
Gaurav Desai
Shruti Bhat
Shruti Bhat
Apurva Badoni
Apurva Badoni
Juhi Hirani
Juhi Hirani
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A New Age for the Indian Antitrust Regime

The Indian Parliament recently passed the Competition (Amendment) Bill, 2022. This bill will become law once it receives Presidential assent. Pursuant to this development, the Indian antitrust regime has received a significant overhaul, which we have discussed below.

A. Merger control

(a) Introduction of the deal value threshold:
Apart from the existing filing thresholds, merger control assessments will need to be conducted taking into account the value of the transaction. Transactions with a value exceeding INR 20 billion (approx. USD 242 million) would be required to be notified to the Competition Commission of India (the CCI) in cases where the target has "substantial business operations in India" (which will be clarified subsequently by way of regulations).

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