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ARTICLE · 07 SEPTEMBER 2023

Indian Competition Authority Publishes The Draft Merger Regulations With Guidance On Deal Value Threshold

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On 11 April 2023, the Competition (Amendment) Act, 2023 (Amendment Act) received presidential assent to reform the Competition Act, 2002. The Amendment Act proposed expansive...

IndiaAntitrust/Competition Law
Anisha Chand
Anisha Chand
Soham Banerjee
Soham Banerjee
Armaan Gupta
Armaan Gupta
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On 11 April 2023, the Competition (Amendment) Act, 2023 (Amendment Act) received presidential assent to reform the Competition Act, 2002. The Amendment Act proposed expansive changes to the merger control regime in a bid to bring parity with global developments. While several provisions of the Amendment Act were enforced on 18 May 2023, the changes pertaining to merger control are largely pending implementation. Our detailed discussions on the Amendment Act are available here, here, here, and here.

To supplement the newly introduced provisions, the Competition Commission of India (CCI) has published the draft Competition Commission of India (Combinations) Regulations, 2023 (Draft Regulations) for public consultation. The headline changes brought forth by the Draft Regulations are set out below.

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