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ARTICLE · 11 JULY 2023

Impact Of Deal Value Threshold On Tech Industry- Competition Law

S.S. Rana & Co.
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In today's day and age, mergers and acquisitions are considered to be the key drivers of growth and innovation. With an increase in such transactions and changing times, the Competition Law Review Committee (CLRC)...

IndiaAntitrust/Competition Law
Rupin Chopra
Rupin Chopra
Apalka Bareja
Apalka Bareja
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In today's day and age, mergers and acquisitions are considered to be the key drivers of growth and innovation. With an increase in such transactions and changing times, the Competition Law Review Committee (CLRC) prepared a report of its observations and recommendations deliberating and elucidating the need to introduce a new threshold in order to be able to adapt to the evolving and dynamic digital market considering deals in the digital industry are expensive not only in terms of monetary value but because such deals also bring with them a wealth of knowledge, expertise, and resources. With the intent to address combinations that have an appreciable adverse effect on competition, even if they fall within the de minimis exemption The Competition (Amendment) Bill 2023 received the President's assent on April 11, 2023, to become The Competition (Amendment) Act, 2023 ("Amendment").

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