On March 31, 2022, the Competition Commission of India, in exercise of the powers conferred on it under Section 64 of the Competition Act, 2002, amended the Competition Commission of India ...
On March 31, 2022, the Competition Commission of India (CCI), in
exercise of the powers conferred on it under Section 64 of the
Competition Act, 2002 (Act), amended the Competition Commission of
India (Procedure in regard to the transaction of business relating
to combinations) Regulations, 2011, (Combination Regulations) and
substituted the existing Form II with an updated Form.
A Form II is filed with the CCI where there may be inherent
competition concerns due to the market positioning of the parties.
Specifically,
if the parties are engaged in the business of substitutable
products/ services and their combined market share is more than
15%; and/ or
if they are vertically related i.e., at different stages of the
production chain of the same product/ service and their individual
or combined market share is more than 25%.
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